City of Somerville header
File #: 197436    Version: 1
Type: Mayor's Request Status: Approved
File created: 7/10/2014 In control: City Council
On agenda: 7/10/2014 Final action: 7/10/2014
Enactment date: 7/10/2014 Enactment #: 197436
Title: Requesting authorization to amend #196037, an authorization to borrow and bond to repair the High School Auditorium, Kitchen, & Cafeteria, by increasing the total amount to $3,090,000.
Code sections: Bond/BAN -
Attachments: 1. 34967926_1-Appropriation Order (Amended) (Somerville) School Repair

  Agenda Text

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Requesting authorization to amend #196037, an authorization to borrow and bond to repair the High School Auditorium, Kitchen, & Cafeteria, by increasing the total amount to $3,090,000.

 

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Official Text

To the Honorable Board:

 

I hereby request, subject to the approval of your Honorable Board, an amendment to Board Order 196037 Approved in January of 2014 for an original amount of $2,600,000. Due to updated estimates we are requesting an increase of $490,000 to the appropriation, and amending authorization for the City Treasurer, with the approval of the Mayor to borrow $3,090,000 for the repair of the SHS Auditorium, Kitchen & Cafeteria.

 

To meet said appropriation, the Treasurer will be authorized to borrow $3,090,000 as provided by M.G.L. Chapter 44.

 

Thank you for your consideration of this matter.

 

Joseph A. Curtatone

Mayor