City of Somerville header
File #: 24-0876    Version: 1
Type: Mayor's Request Status: Approved
File created: 6/6/2024 In control: City Council
On agenda: 6/13/2024 Final action: 6/28/2024
Enactment date: 6/27/2024 Enactment #: 217357
Title: Requesting authorization to borrow $1,271,785 in a bond, and to appropriate the same amount for the purchase of Fire Pumper apparatus.
Indexes: Finance-Assessing, Finance-Auditing, Finance-Budget, Finance-Grants Development, Finance-Procurement & Contracting Services, Finance-Treasury, Fire
Code sections: Bond/BAN -
Attachments: 1. Appropriation Order (New Fire Apparatus) - June 2024 $1271785, 2. Copy of FY24 - Fire Pumper - CIP Request, 3. Staff Report, 4. Certified Copy

Agenda Summary

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Requesting authorization to borrow $1,271,785 in a bond, and to appropriate the same amount for the purchase of Fire Pumper apparatus.

 

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Official Text

To the Honorable City Council:

 

The Mayor respectfully requests that this Council appropriate $1,271,785 in order to pay costs of purchasing a replacement fire pumper apparatus. To meet this appropriation, the Treasurer will be authorized to borrow $1,271,785 as provided by MGL Chapter 44.

 

Appropriate staff will be available to answer any questions about this bond you may have. Thank you for your consideration of this matter.

 

Respectfully,

Katjana Ballantyne, Mayor