City of Somerville header
File #: 202944    Version: 1
Type: Mayor's Request Status: Approved
File created: 3/6/2017 In control: City Council
On agenda: 3/9/2017 Final action: 3/23/2017
Enactment date: 3/9/2017 Enactment #: 202944
Title: Requesting an appropriation and authorization to borrow $255,982,704 in a bond for the construction of a new Somerville High School.
Code sections: Bond/BAN -
Attachments: 1. Somerville HS Appropriation Order - MSBA Accepted

  Agenda Text

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Requesting an appropriation and authorization to borrow $255,982,704 in a bond for the construction of a new Somerville High School.

 

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Official Text

To the Honorable Board:

 

I hereby request, subject to the approval of your Honorable Board, an appropriation in the amount of $255,982,704 in order to construct a new Somerville High School. To meet said appropriation, the Treasurer will be authorized to borrow $255,982,704 as provided by MGL Chapter 44 and 70B.

 

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