City of Somerville header
File #: 25-0174    Version: 1
Type: Mayor's Request Status: Approved
File created: 2/5/2025 In control: City Council
On agenda: 2/13/2025 Final action: 3/6/2025
Enactment date: 2/27/2025 Enactment #: 218404
Title: Requesting approval to accept and expend a $2,500,000 grant with no new match required, from MA Executive Office of Economic Development to the Office of Strategic Planning and Community Development Economic Development Division for the 299 Broadway redevelopment project.
Indexes: Finance-Assessing, Finance-Auditing, Finance-Budget, Finance-Grants Development, Finance-Procurement & Contracting Services, Finance-Treasury, SPCD-Economic Development
Code sections: Grant/Gift -
Attachments: 1. MassWorks 299 Broadway Contract_Signed

Agenda Summary

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Requesting approval to accept and expend a $2,500,000 grant with no new match required, from MA Executive Office of Economic Development to the Office of Strategic Planning and Community Development Economic Development Division for the 299 Broadway redevelopment project.

 

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Official Text

To the Honorable City Council:

 

The Mayor respectfully requests that this Council accept and approve expending a grant of $2,500,000.00 from the MA Executive Office of Economic Development (EOED) MassWorks Infrastructure Improvement Program to the OSPCD Economic Development Division, under the provisions of MGL Chapter 44, Section 53A. This grant does not require the commitment of new matching funds.

 

The purpose of this grant is to pay for infrastructure improvements on the 299 Broadway Redevelopment project.

 

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

 

Respectfully submitted,

Katjana Ballantyne, Mayor