City of Somerville, Massachusetts - File #: 208627

• File #: 208627
• Version: 1
• Type: Mayor's Request
• Status: Approved
• File created: 7/9/2019
• In control: City Council
• On agenda: 7/11/2019
• Final action: 8/22/2019
• Enactment date: 7/11/2019
• Enactment #: 208627
• Title: Requesting an appropriation and authorization to borrow $3,900,000 in a bond for sewer improvements.
• Code sections: Bond/BAN -

Date	Ver.	Action By	Action	Result
8/27/2019	5	BOA	Mayoral Approval
8/22/2019	4	City Council	Approved
7/11/2019	3	City Council	Referred for recommendation

  Agenda Text

title

Requesting an appropriation and authorization to borrow $3,900,000 in a bond for sewer improvements.

body

Official Text

To the Honorable City Council:

I hereby request, subject to the approval of your Honorable City Council, an appropriation in the amount of $3,900,000 in order to fund the cost of structural rehabilitation of combined sewer and drain pipes and for work to correct illicit cross-connections. To meet said appropriation, the Treasurer will be authorized to borrow $3,900,000.as provided by MGL Chapter 44. Debt service will be funded by the Sewer Enterprise Fund.

This project is part of the FY2019-FY2028  Water & Sewer Capital Investment Plan. The project is noted under Sewer Improvements for FY2020.

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