City of Somerville header
File #: 200540    Version: 1
Type: Mayor's Request Status: Approved
File created: 12/7/2015 In control: City Council
On agenda: 1/14/2016 Final action: 1/28/2016
Enactment date: 1/14/2016 Enactment #: 200540
Title: Requesting authorization to borrow $700,000 in a bond, and appropriate the same amount for designer fees for the Nunziato Field Stormwater Storage Project.
Code sections: Bond/BAN -
Attachments: 1. 56611227_1-Appropriation Order (Somerville) Sewer Enterprise Fund 12_2015

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Requesting authorization to borrow $700,000 in a bond, and appropriate the same amount for designer fees for the Nunziato Field Stormwater Storage Project.

 

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Official Text

To the Honorable Board:

I respectfully request on behalf of the Capital Projects and Planning Department an appropriation of $700,000.00 and authorization for the City Treasurer to borrow $700,000.00 to fund designer fees for Nunziato Field Stormwater project. This project will be funded from the Sewer Enterprise Fund.

A competitive process was used to select a Designer, and this project will improve Flood Mitigation in the Unions Square area.

Thank you for your consideration.

Joseph A. Curtatone
Mayor