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HomeMy WebLinkAbout2021-03-24-AC-min 03/24/2021 AC Minutes Minutes Town of Lexington Appropriation Committee (AC) March 24, 2021 Place and Time: Remote Participation: in accordance with the Governor's March 12, 2020 Order Suspending Certain Provisions of the Open Meeting Law; communication took place via a Zoom teleconferencing session that was open to the public; 7:00 p.m. Members Present: Glenn Parker, Chair; Sanjay Padaki, Vice-Chair; Alan Levine, Secretary; Anil Ahuja; John Bartenstein; Vineeta Kumar; Eric Michelson; Meg Muckenhoupt; Carolyn Kosnoff, Assistant Town Manager, Finance (non-voting, ex officio) Member(s)Absent: Lily Manhua Yan Other Attendees: Sara Arnold, Recording Secretary Mr. Parker confirmed attendance, reviewed the authorization for meeting remotely, noted that the meeting was being called to order at 7:10 p.m. on March 24, 2021, and stated that the meeting was being recorded for the purpose of creating minutes. He also noted that materials for the meeting were available on-line. Announcements and Liaison Reports No substantive reports were offered. Reserve Fund Transfer Ms. Kosnoff reported that the Select Board had voted to send a Reserve Fund transfer request to this Committee for $15,000 to fund a time sensitive peer review of a floodplain study conducted by the Town of Belmont, as anticipated and as discussed at this Committee's meetings on March 181h and March 22"d. She added that there currently is $750,000 in the Reserve Fund, and the money will be transferred to the Land Use Health and Development Department; Conservation Department for professional services. A motion was made and seconded to approve the transfer request as discussed. For the record, Mr. Bartenstein noted that this request had been extensively discussed at the prior meeting, and Mr. Parker added that documentation regarding the specifics of the request is on this Committee's on-line document page. There was a roll call vote. The motion was approved. VOTE: 8-0 Mr. Parker plans to sign the necessary paperwork and return it to Ms. Kosnoff. Minutes of Prior Meetings It was agreed to postpone approval of the minutes of the March 22, 2021 AC meeting to allow time for review. The meeting adjourned at 7:17 p.m. by a roll call vote. VOTE: 8-0 Respectfully submitted, Sara Arnold 1 03/24/2021 AC Minutes Approved: March 29, 2021 Exhibits • Agenda,posted by Mr. Parker • Reserve Fund Transfer Request 2