24-0849 Mayor's Request Approved
Requesting the appropriation of $850,000 from the Unreserved Fund Balance ("Free Cash") to the Open Space Acquisition Stabilization Fund to acquire new publicly accessible open space.
- Introduced
- May 28, 2024
- Assigned to
- City Council
- Enactment #
- 217307
History
-
Jun 25, 2024
City Council Mayoral Approval
- Jun 20, 2024
-
Jun 18, 2024
Finance Recommended to be discharged with no recommendation Meeting agenda, item 3.
-
May 30, 2024
City Council Referred for recommendation Meeting agenda, item 7.15.
Official text
To the Honorable City Council:
The Mayor respectfully requests that this Council appropriate $850,000 from Unreserved Fund Balance ("Free Cash") to the Open Space Acquisition Stabilization Fund for the purpose of acquiring new publicly-accessible open space. The Somerville community set the goal of creating 125 new acres of open space in Somerville by 2030 during the first SomerVision process. The appropriation is in conformance with the financial plan suggested in the Strategy Memo of the Open Space Creation Task Force issued in August 2019.
Appropriate staff will be available to address any questions you may have. Thank you for your consideration of this item.
Respectfully Submitted,
Katjana Ballantyne, Mayor