City of Somerville header
File #: 203887    Version: 1
Type: Mayor's Request Status: Approved
File created: 7/5/2017 In control: City Council
On agenda: 7/13/2017 Final action: 9/14/2017
Enactment date: 7/13/2017 Enactment #: 203887
Title: Requesting an appropriation and authorization to borrow $1,600,000 in a bond for the acquisition of 45 College Avenue.
Code sections: Bond/BAN -
Attachments: 1. 66667183_1-Appropriation Order (Somerville) - land acquisition 7_2017

  Agenda Text

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Requesting an appropriation and authorization to borrow $1,600,000 in a bond for the acquisition of 45 College Avenue.

 

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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 $1,600,000 in order to acquire property located at 45 College Avenue. To meet said appropriation, the Treasurer will be authorized to borrow $1,600,000 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