City of Somerville header
File #: 191970    Version: 1
Type: Mayor's Request Status: Approved
File created: 9/7/2011 In control: City Council
On agenda: 9/8/2011 Final action: 10/27/2011
Enactment date: 10/27/2011 Enactment #: 191970
Title: Requesting an appropriation of $750,000 for the cost of replacing DPW equipment and authorization to borrow $750,000 in a bond to meet the appropriation.
Code sections: Bond/BAN -
Attachments: 1. Board Order 09-07-11, 2. DPW Equipment Borrowing September 2011

  Agenda Text

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Requesting an appropriation of $750,000 for the cost of replacing DPW equipment and authorization to borrow $750,000 in a bond to meet the appropriation.

 

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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 $750,000 for the replacement of DPW Capital Equipment and authorization for the City Treasurer, with the approval of the Mayor to borrow $750,000 to meet said appropriation.

 

To meet said appropriation, the Treasurer will be authorized to borrow $750,000 as provided by M.G.L. Chapter 44.

 

Thank you for your consideration of this matter.

 

Respectfully submitted,

 

Joseph A. Curtatone

Mayor