City of Somerville header
File #: 192133    Version: 1
Type: Mayor's Request Status: Approved
File created: 10/24/2011 In control: City Council
On agenda: 10/27/2011 Final action: 12/20/2011
Enactment date: 12/20/2011 Enactment #: 192133
Title: Requesting an appropriation of $100,000 from Receipts Reserved for Appropriation to the Workforce Training Stabilization Fund.
Code sections: Stabilization Fund -
Attachments: 1. Staff Report - $100000 from IKEA for Workforce Programs (2) (3)

  Agenda Text

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Requesting an appropriation of $100,000 from Receipts Reserved for Appropriation to the Workforce Training Stabilization Fund.

 

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Official Text

To the Honorable Board:

 

I hereby request, subject to the approval of your Honorable Board, an appropriation of one hundred thousand dollars ($100,000.00) from Receipts Reserved for Appropriation to the Workforce Training Stabilization Fund.

 

The $100,000 represents the pre-payment of a mitigation obligation from IKEA, Inc.

 

Thank you for your consideration.

 

Respectfully submitted,

 

Joseph A. Curtatone

Mayor