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HomeMy WebLinkAbout2020-03-04-CEC-min ���ry NC)bi btr��f} Y Minutes of the Lexington Capital Expenditures Committee (CEC) Meeting March 4, 2020 AP"", Location and Time: Town Office Building, Reed Room (111); 7:45 A.M. Members Present: Charles Lamb, Chair (remote participation); David Kanter, Vice-Chair & Clerk; Sandy Beebee; Rod Cole; and Frank Smith Member Absent: Wendy Manz Others Present: Sara Arnold, Recording Secretary Documents Presented: • Notice of CEC Meeting, March 4, 2020 • Draft #4 Pending CEC Report to 2020 Annual Town Meeting (ATM) Call to Order Mr. Kanter called the meeting to order at 7:46 A.M. with a quorum of the members in attendance. He announced authorizing Mr. Lamb to participate remotely as Mr. Lamb was unable to attend in person due to illness. Mr. Kanter stated that any votes during this meeting would be taken by a roll call. CEC's Report to the 2020 ATM Mr. Kanter facilitated a page-by-page review of this Committee's Draft #4 Pending Report to the 2020 ATM. During the process, sections needing additional language or data were identified and wording was clarified and/or finalized. Discussion included, but was not limited to, the following: • Draft Executive Summary: Mr. Lamb's draft Executive Summary noted that the Town's Five-Year Capital Plan included in the FY2021 Recommended Budget and Financing Plan (Brown Book) omitted reference to a rebuild/renovation for Lexington High School, despite the significant costs associated with this project. It was agreed that Mr. Smith and Mr. Kanter would review the draft and massage some of the language. • Article 12(j), Transportation Mitigation: This annual capital request has been used to support the ongoing work of the Transportation Safety Group (TSG), which responds to unanticipated traffic/transportation projects. Because there is over $130,000 in unused, previous appropriations, this Committee originally voted against support of this appropriation. However, $16,504 is available from the Town's share of surcharges on each ride by the Transportation Network Company (TNC) rideshare companies, which share is included in the recommended budget. A Motion was made and seconded to support this $16,504 appropriation request. Roll-Call Vote: 5-0 • Article 19, Establish, Dissolve and Appropriate To and From Specified Stabilization Funds (SFs): A Motion was made and seconded to approve Mr. Kanter's proposed additional wording in this Committee's report related to the use of the Capital Stabilization Fund. Roll-Call Vote:5-0 • Five-Year Capital Plan: Mr. Kanter reported that he had merged the Town's later Four—Year Capital Plan (FY2022—FY2025) with their FY2021 requests to make it a Page 1 of 2 Minutes of the Lexington Capital Expenditures Committee (CEC) Meeting March 4, 2020 Five-Year Capital Plan. He questioned the Town's funding schedule for converting some athletic fields to accommodate pickleball and cricket because information about the potentially associated loss of currently available facilities has not been identified. A Motion was made and seconded to create a new budget line for athletic field improvements and incorporate a one-year delay for such funding with a To Be Determined for project costs. Roll-Call Vote: 5-0 • A number of adjustments for the Five-Year Capital Plan were identified, and there was a review of the Plan's footnotes. A Motion was made and seconded to support all of the changes in this Committee's report identified during the discussion. Roll-Call Vote: 5-0 Adjourn A Motion was made and seconded at 9:30 A.M. to adjourn. Vote:5-0. This Minutes was approved by the CEC at its meeting on March 19, 2020. Page 2 of 2