City of Somerville header
File #: 197531    Version: 1
Type: Officer's Communication Status: Placed on File
File created: 8/22/2014 In control: City Council
On agenda: 8/28/2014 Final action: 10/23/2014
Enactment date: 8/28/2014 Enactment #: 197531
Title: Economic Development Director conveying information regarding the Union Square D-2 North Prospect Block.
Attachments: 1. D-2 Information

  Agenda Text

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Economic Development Director conveying information regarding the Union Square D-2 North Prospect Block.

 

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Official Text

To the Honorable Board:

 

This communication is intend to inform the Board of progress to date on the Union Square D-2 North Prospect Block, including the costs of site assembly, relocation, environmental remediation, engineering services and the demolition of the existing buildings thereon.

 

In October of 2012, the Board authorized up to $8,000,000 in General Obligation Bonds for Union Square Transformation Area #1. Activity on the site in preparation for the making the D-2 North Prospect Block available to the MBTA for advancing the construction of the Union Square Green Line Station is now imminent.

 

Please see attached document for information regarding this item.

 

Respectfully submitted ,

 

Ed O'Donnell

Director, Economic Development Division

Office of Strategic Planning and Community Development