City of Somerville header
File #: 192565    Version: 1
Type: Mayor's Request Status: Approved
File created: 2/7/2012 In control: City Council
On agenda: 2/9/2012 Final action: 2/23/2012
Enactment date: 2/23/2012 Enactment #: 192565
Title: Requesting an appropriation of $781,250 for construction of a new park at 15-25 Cross Street and authorization to borrow that amount in a bond.
Code sections: Bond/BAN -
Attachments: 1. Appropriation Order (Somerville) $150000 12_2_11

  Agenda Text

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Requesting an appropriation of $781,250 for construction of a new park at 15-25 Cross Street and authorization to borrow that amount in a bond.

 

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Official Text

Dear Honorable Board Members:

 

I hereby request, subject to the approval of your Honorable Board, an appropriation in the amount of $781,250.00 for the cost of construction of a new park located at 15-25 Cross Street and authorization for the City Treasurer, with the approval of the Mayor to borrow $781,250.00 to meet said appropriation.

 

To meet said appropriation, the Treasurer will be authorized to borrow $781,250.00 as provided by M.G.L. Chapter 44.

 

Thank you for your consideration of this matter.

 

Respectfully,

 

Joseph A. Curtatone

Mayor