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HomeMy WebLinkAbout2009-12-16-CEC-minCapital Expenditures Committee (CEC) Meeting, December 16, 2009, 7:00 PM, Town Office Building, Room G -15 —Joint meeting with the Community Preservation Committee & Appropriation Committee Members Present: David Kanter, Ted Edson (Vice - Chair), Charles Lamb (Chair), & Shirley Stolz Member Absent: Bill Hurley Others: Carl Valente (Town Manager) & Rob Addelson (Assistant Town Manager for Finance & Town Comptroller) Motion: Recommend to the Board of Selectmen that funding for Busa Farm property be accomplished with a 3 -year bond, front- loaded with approximately 50% in first year and 25% in each of next two years. (4:0) (That purchase had been approved, with authority for unspecified debt financing, by the 2009 Special Town Meeting, May 6, 2009, under Article 6, Land Purchase —Off Lowell Street, with potential use being for one or more of the purposes under the Community Preservation Act.) Adjourn: 9:00 PM These Minutes were approved by the CEC at its meeting on April 28, 2010.