Agenda Text
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Requesting an appropriation and authorization to borrow $1,440,000 in a bond for the renovation and construction of the West Branch Library.
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Official Text
To the Honorable City Council:
I hereby request, subject to the approval of your Honorable Board, an appropriation in the amount of $1,440,000 in order to complete the renovation of the existing Historic West Branch Library, including an addition thereto and authorizing the issuance of not exceeding $1,440,000 bonds of the City to meet said appropriation. To meet said appropriation, the Treasurer will be authorized to borrow $1,440,000 as provided by MGL Chapter 44.
Due to construction delays and encountered unforeseen conditions, the total construction cost for the West Branch Library is now $12,900,000.
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