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HomeMy WebLinkAbout2007-06-12-FFLB-minMINUTES FUND FOR LEXINGTON BOARD June 12, 2007 4:30 p.m., Selectmen's Office, Town Office Building PRESENT: Norman Cohen, Dan Lucas, Reverend Colletti, Alan Fields; and Becky Kosterman, Social Services Department 1. Approximate amount of money available as of 4/30/07: Income: $12,561.98 Principal: $12,405.44 (An additional $2,125 will be deposited into income soon.) Norman Cohen mentioned that LexHAB obtained the approval of the Board of Selectmen to establish the Marshall Derby Emergency Housing Fund in the amount of $10,000. Becky Kosterman will call Joan Wall to get details. 2. Human Services Report: a. Becky Kosterman reviewed expenses of Human Services Fund from January 1, 2007 through June 12, 2007. b. Ratify Poll Vote Request: $759.58 for two months Cobra for DM. APPROVED 4 -0 c. Becky Kosterman reported that with the $2,000 from the Fund for Lexington paid on May 21, 2007, the Human Services Fund should have sufficient funds until the end of July when the Trustees of Public Trusts will disburse an additional amount. Becky Kosterman brought to the attention of the Board that all units of the Avalon Bay projects in Lexington are now being metered separately for water and sewer use. As a result, the Fund could be called upon to help low income residents with this expense. Norman Cohen will look into this matter. 3. Dan Lucas mentioned that the Lexington Food Pantry was reportedly running very low on funds. Norman Cohen reported that he had called them in the past and was told they would call if they needed money from the Fund. 4. The minutes of March 27, 2007 approved 4 -0. 5. The next meeting will be September 25, 2007 at 4:30 p.m.