Agenda Text
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Requesting an appropriation and authorization to borrow $3,604,801 in a bond for street resurfacing, sidewalk improvements and ADA ramps and improvements.
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Official Text
To the Honorable City Council:
I hereby request, subject to the approval of your Honorable Board, an appropriation in the amount of $3,604,801 and authorization to borrow $3,604,801 in order to improve streets, sidewalks, and ADA ramps as the FY22 Street & Sidewalk Repairs & ADA Improvements line included on the FY22 CIP. To meet said appropriation, the Treasurer will be authorized to borrow $3,604,801 as provided by MGL Chapter 44.
This request will be supplemented with an appropriation of $500,000 from the Street Reconstruction Stabilization Fund and an expected Chapter 90 allocation from the State of $1,235,199.
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