SomervilleMeetings

22-1439 Mayor's Request Approved

Requesting authorization to borrow $993,132 in a bond, and to authorization to appropriate the same amount for the General Fund portion of the Clarendon Hills Infrastructure Improvements project.

From
Engineering
Introduced
Aug 17, 2022
Assigned to
City Council
Enactment #
214333
View on Legistar

History

  1. Sep 29, 2022
    City Council Mayoral Approval
  2. Sep 22, 2022
    City Council Approved · roll call: pass Meeting agenda, item 6.C.2.
  3. Sep 20, 2022
    Finance Recommended to be approved · roll call: pass Meeting agenda, item 2.
  4. Sep 6, 2022
    Finance Kept in committee Meeting agenda, item 1.
  5. Aug 25, 2022
    City Council Referred for recommendation · roll call: pass

    Finance Committee

    Meeting agenda, item 7.3.

Official text

To the Honorable City Council: The Mayor respectfully requests that this Council appropriate $993,132 in order to fund the General Fund portion of the Clarendon Hills Infrastructure Improvements project. To meet this appropriation, the Treasurer will be authorized to borrow $993,182 as provided by MGL Chapter 44. Borrowing for this project is subject to the district improvement financing (DIF) project area. Appropriate staff will be available to answer any questions about this bond you may have. Thank you for your consideration of this matter. Respectfully, Katjana Ballantyne, Mayor