City of Somerville header
File #: 198546    Version: 1
Type: Mayor's Request Status: Approved
File created: 2/25/2015 In control: City Council
On agenda: 2/26/2015 Final action: 2/26/2015
Enactment date: 2/26/2015 Enactment #: 198546
Title: Requesting approval to borrow $809,425 in a bond, and expend the same amount, for Emergency DPW Snow Removal Equipment.
Code sections: Bond/BAN -
Attachments: 1. DPW Snow Emergency Equipment Request 2.24.pdf, 2. 46541502_1-Appropriation Order (Somerville) DPW Equipment 2_26_15

  Agenda Text

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Requesting approval to borrow $809,425 in a bond, and expend the same amount, for Emergency DPW Snow Removal Equipment.

 

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Official Text

To the Honorable Board:

 

I hereby request, subject to the approval of your Honorable Board, an appropriation in the amount of $809,425.00 for Emergency DPW Snow Removal Equipment (per attached spreadsheet) and for the City Treasurer, with the approval of the Mayor to borrow $809,425.00 to meet said appropriation.

 

To meet said appropriation, the Treasurer will be authorized to borrow $809,425.00 as provided by M.G.L. Chapter 44.

 

Thank you for your consideration of this matter.

 

Respectfully submitted,

 

Joseph A. Curtatone

Mayor