Agenda Text
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Requesting an appropriation and authorization to borrow $8,002,417 in a bond for the Spring Hill Sewer Separation Project streetscape improvements.
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Official Text
To the Honorable City Council:
I hereby request, subject to the approval of your Honorable City Council, an appropriation in the amount of $8,002,417 in order to finance the cost of financing the Spring Hill Sewer Separation Streetscape Improvements. To meet said appropriation, the Treasurer will be authorized to borrow $8,002,417 as provided by MGL Chapter 44.
Debt service shall be funded by the General Fund.
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