City of Somerville header
File #: 199249    Version: 1
Type: Mayor's Request Status: Approved
File created: 5/14/2015 In control: City Council
On agenda: 5/14/2015 Final action: 5/28/2015
Enactment date: 5/14/2015 Enactment #: 199249
Title: Requesting an appropriation and authorization to borrow $2,200,000 in a bond for the Union Square Streetscape and Utility Early Action Project.
Code sections: Bond/BAN -
Attachments: 1. 50353327_1-Appropriation Order (Somerville) Union Square Streetscape 5_2015

  Agenda Text

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Requesting an appropriation and authorization to borrow $2,200,000 in a bond for the Union Square Streetscape and Utility Early Action Project.

 

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Official Text

To the Honorable Board:

 

I hereby request, subject to the approval of your Honorable Board, an appropriation in the amount of $2,200,000.00 for Union Square Streetscape and Utility Early Action Project. Project will improve traffic safety and operations at three key Union Square intersections: Prospect & Somerville, Webster & Somerville, and Webster & Prospect. I also request authorization for the City Treasurer, with the approval of the Mayor to borrow $2,200,000.00 to meet said appropriation.

 

To meet said appropriation, the Treasurer will be authorized to borrow $2,200,000.00 as provided by M.G.L. Chapter 44.

 

The Project includes procurement of new signal equipment, updated lane markings, removal of two small traffic islands, minor subsurface utility work,  and installation of a mid-block pedestrian crosswalk.

 

Thank you for your consideration of this matter.

 

Respectfully,

 

Joseph A. Curtatone

Mayor