Agenda Summary
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Requesting approval to accept and expend a $350,000 grant with no new match required, from the Massachusetts Executive Office of Economic Development (EOED) to the Strategy and Development Mobility Division for the Massachusetts Downtown Initiative Capital Grant Improvement .
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Official Text
To the Honorable City Council:
The Mayor respectfully requests that this Council accept and approve expending a grant of $$350,000 grant with no new match required, from the Massachusetts Executive Office of Economic Development (EOED) to the Strategy and Development Mobility Division for the Massachusetts Downtown Initiative Capital Grant Improvement , under the provisions of MGL Chapter 44, Section 53A. This grant does not require the commitment of new matching funds.
The purpose of this grant is to pay for traffic and mobility improvements to the Broadway-Magoun intersection.
Appropriate staff will be available to answer any questions you may have. Thank you for your consideration of this item.
Respectfully submitted,
Jake Wilson, Mayor