SomervilleMeetings

22-1665 Mayor's Request Approved

Requesting authorization to borrow $1,477,738 in a bond, and to appropriate the same amount for participation in the FY23 MWRA Lead Line Replacement Program.

From
Engineering
Introduced
Oct 6, 2022
Assigned to
City Council
Enactment #
214477
View on Legistar

History

  1. Oct 27, 2022
    City Council Mayoral Approval
  2. Oct 25, 2022
    City Council Approved · roll call: pass Meeting agenda, item 6.A.12.
  3. Oct 20, 2022
    Finance Recommended to be approved · roll call: pass Meeting agenda, item 21.
  4. Oct 13, 2022
    City Council Referred for recommendation · roll call: pass

    Finance Committee

    Meeting agenda, item 7.5.

Official text

To the Honorable City Council: The Mayor respectfully requests that this Council appropriate $1,477,738 in order to conduct design, construction and related work to replace Lead Service Lines as part of the MWRA Lead Line Replacement Program. To meet this appropriation, the Treasurer will be authorized to borrow $1,477,738 as provided by MGL Chapter 44. Principal payback to the MWRA will be funded from the Water Enterprise Fund. 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