City of Somerville header
File #: 206716    Version: 1
Type: Mayor's Request Status: Approved
File created: 9/25/2018 In control: City Council
On agenda: 9/27/2018 Final action: 10/11/2018
Enactment date: 9/27/2018 Enactment #: 206716
Title: Requesting an appropriation and authorization to borrow $7,350,000 in a bond for the renovation/construction of the West Branch Library.
Code sections: Bond/BAN -
Attachments: 1. 70025650_1-Appropriation Order (Somerville) West Branch Library 9_2018

  Agenda Text

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Requesting an appropriation and authorization to borrow $7,350,000 in a bond for the renovation/construction of the West Branch Library.

 

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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 $7,350,000 in order to fund the renovation/construction of the West Branch Library. To meet said appropriation, the Treasurer will be authorized to borrow $7,350,000 as provided by MGL Chapter 44.

 

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