Agenda Text
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Requesting approval to appropriate $1,909,945 from the Unreserved Fund Balance ("Free Cash") to the Facility Construction and Renovation Stabilization Fund
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Official Text
To the Honorable City Council:
I respectfully request that your Honorable City Council appropriate $1,909,945 from the Unreserved Fund Balance ("Free Cash") to the Facility Construction and Renovation Stabilization Fund for the purpose of bolstering reserves for the Somerville High School Construction Project.
My staff will be available to answer any questions you may have. Thank you for your consideration of this matter.
Respectfully Submitted,
Joseph A. Curtatone,
Mayor