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HomeMy WebLinkAbout2017-12-12-FFLB-min MINUTES FUND FOR LEXINGTON BOARD December 12, 2017 4 30 p.m., Dawe's Room, Town Offices Present Norman Cohen, Alan Fields, Edmund Grant, Doug Lucente, Paul Shupe, Alan Wrigley and Charlotte Rogers, Director of Human Services 1 Money Available as of 11/30/17 Principal $ 309,435 32 Income $ 15,125 30 2 Human Services a. Human Services Report: September 1, 2017 to November 30, 2017 Charlotte Rodgers reviewed the activity for the period. A general discussion was held regarding the different sources of funds used to help residents who are in need of assistance During the period, the Fund dispersed $2250 to purchase TJX gift cards for families approved by the Human Services Holiday Program. $935 00 was dispersed to aid a family experiencing a major heating problem. b Ratify Human Services Request for $2250 for TJX Holiday gift cards for families in need. Approved 6-0 c Ratify Human Services Request - $935 for heating system repairs Approved 6-0 3 Other Issues The Fund's annual letter requesting donations for the Fund was sent in November As of the date this meeting, $11,750 has been deposited with many other donations not yet processed. 4 Next Meeting The next meeting will be Monday, March 12, 2018 at 4 30 p.m. 5 Approval of September 19, 2017 Meeting Minutes Approved 6-0