Agenda Text
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Requesting the creation of the 270 Cedar Street LLC Stabilization Fund and the acceptance of a mitigation payment of $1,000 from 270 Cedar Street LLC to purchase pedestrian safety devices.
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Official Text
To the Honorable Board:
I respectfully request that your Honorable Board vote to create the 270 Cedar Street LLC Stabilization Fund and accept ($1,000.00), under the provisions of Massachusetts General Law Chapter 40, Section 5B. This mitigation payment will be used to purchase pedestrian safety and traffic control devices in the vicinity of 270 Cedar Street, Somerville, Mass.
Thank you for your consideration,
Joseph A. Curtatone
Mayor