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HomeMy WebLinkAbout2017-09-19-FFLB-min MINUTES FUND FOR LEXINGTON BOARD September 19, 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 8/31/17: Principal $ 299,949.55 Income $ 21,606.67 2. Human Services: a. Human Services Report: June 1, 2017 to August 31, 2017 Charlotte Rodgers reviewed the activity for the period. A brief overview of the Funds that are used by the Human Services Department was given. During the reporting period $1,187.82 was dispersed from the supported Living/Cred Card/LEHAC Fund, the money of which is provided by LexHab. The money was used to assist a resident who was about to become homeless. While there were no dispersements from the Human Services Emergency Fund during the reporting period for emergencies needing less than $500, it was noted that that Fund has only a small amount available. On motion duly made and seconded, it was voted 6-0 to approve the transfer of $5,000 to the Human Services Emergency Fund which is held by the Town Treasurer and dispersed at the request of Human Services Department. b. Summer Recreation Program Scholarship Charlotte Rodgers reported that the Pilot Scholarship Fund for making it possible for children to attend summer programs was a great success. Discussion was had about the future of this initiative. It was agreed that the Human Services Department should make a proposal for the next year which builds on the success of the Pilot Scholarship Fund this year. 3. Other Issues a. Request for funds –Grocery Store Card Program - $1,000 (40 - $25.00 Gift Cards from Stop & Shop and Market Basket) The Board discussed the request of the Human Services Department for funds to purchase grocery cards from Stop & Shop and Market Basket. Upon motion duly made and seconded, it was voted 6-0 to approve the request of the Human Services Department for $1,000 to purchase grocery cards from the Stop & Shop and Market Basket. 4. Next Meeting The next meeting will be December 12, 2017 5. Approval of June 13, 2017 Meeting Minutes Approved 6-0