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Home My WebLink About2009-10-27-CEC-minCapital Expenditures Committee (CEC) Meeting, October 27, 2009, 8:00 AM, Cary Memorial Building, Stone Room Members Present: David Kanter, Ted Edson (Vice - Chair), Charles Lamb (Chair), Shirley Stolz, & Bill Hurley Discussion of Community Preservation Act (CPA) Fund balance and proposal of policy for CPA reserve. Committee seemed to resolve to $3M fund balance /reserve. Discussion of Cotton Farm acquisition. Recap of School renovations by Bill Hurley. MSBA reimbursement would be 30 %. Discussion of Special Town Meeting Article 5 (Authorize Munroe School Disposition). Adjourn: 10:00 AM These Minutes were approved by the CEC at its meeting on April 28, 2010.