City of Somerville header
File #: 207251    Version: 1
Type: Mayor's Request Status: Approved
File created: 12/6/2018 In control: City Council
On agenda: 12/13/2018 Final action: 1/24/2019
Enactment date: 12/13/2018 Enactment #: 207251
Title: Requesting approval to create the Jobs Creation Trust Fund
Code sections: Appropriation/Budget -
Attachments: 1. Jobs Creation Trust Acct - Memo to the BOA

  Agenda Text

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Requesting approval to create the Jobs Creation Trust Fund

 

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Official Text

To the Honorable Board:

 

I respectfully request that your Honorable Board vote to create the Jobs Creation Trust Fund. This Fund will be used to deposit linkage fees from the 2017-16 jobs linkage zoning amendment for the purpose of expending on items related to workforce development programs as described in the attached memo.

 

My staff will be available to answer any questions you may have. Thank you for your consideration of this matter.

 

Respectfully,

Joseph A. Curtatone, Mayor