City of Somerville header
File #: 191542    Version: 1
Type: Mayor's Request Status: Approved
File created: 5/24/2011 In control: City Council
On agenda: 5/26/2011 Final action: 6/9/2011
Enactment date: 6/9/2011 Enactment #: 191542
Title: Requesting an appropriation of $169,720 and authorization to borrow $169,720 in a bond for the renovation of Dickerman Park.
Code sections: Bond/BAN -
Attachments: 1. Appropriation Order (Somerville) $169720 5_23_11

  Agenda Text

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Requesting an appropriation of $169,720 and authorization to borrow $169,720 in a bond for the renovation of Dickerman Park.

 

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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 $169,720.00 for the renovation of Dickerman Park and authorization for the City Treasurer, with the approval of the Mayor to borrow $169,720.00 to meet said appropriation.

 

To meet said appropriation, the Treasurer will be authorized to borrow $169,720.00 as provided by M.G.L. Chapter 44.

 

The Dickerman Park Renovation is part of the City’s Capital Investment Plan. As outlined in the Capital Investment Plan, debt service for this project will be funded from the Assembly Square Stabilization Fund.

 

Thank you for your consideration of this matter.

 

Respectfully,

 

Joseph A. Curtatone

Mayor