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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. CurtatoneMayor