Agenda Text
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Requesting an appropriation and authorization to borrow $2,500,000 in a bond for HVAC improvements to school and municipal buildings due to the COVID-19 pandemic.
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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 $2,500,000 in order to fund HVAC Improvements to existing school and municipal buildings due to the COVID-19 pandemic. Municipal CARES Act monies expire on December 30th, 2020. The City is unable to expend the planned amount of $3,000,000 by December 30th thus necessitating this appropriation. To meet said appropriation, the Treasurer will be authorized to borrow $2,500,000 as provided by MGL Chapter 44.
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