City of Somerville, Massachusetts - File #: 24-0876

• 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 -

Date	Ver.	Action By	Action	Result
6/28/2024	1	City Council	Mayoral Approval
6/27/2024	1	City Council	Approved	Pass
6/25/2024	1	Finance Committee	Recommended to be approved	Pass
6/13/2024	1	City Council	Referred for recommendation

Agenda Summary

title

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

body

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