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Requesting approval to create the Assembly Square Transit Area Improvements Stabilization Fund and accept a payment to said Fund of $103,089 from the Alta Xmbly Development project, for transit area improvements to support and enhance the surrounding neighborhoods.
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Official Text
To the Honorable City Council:
I respectfully request that your Honorable City Council vote to create the Assembly Square Transit Area Improvement fund and accept $103,089 from the Alta Xmbly development project for the Fund, under the provisions of MGL 40, Section 5B. This Fund will be used to support and enhance transit area improvements in the areas and neighborhoods in the project vicinity.
My staff will be available to answer any questions you may have. Thank you for your consideration of this matter.
Respectfully Submitted,
Joseph A. Curtatone, Mayor