City of Somerville header
File #: 213582    Version: 1
Type: Mayor's Request Status: Approved
File created: 4/13/2022 In control: City Council
On agenda: 4/12/2022 Final action: 6/9/2022
Enactment date: 4/14/2022 Enactment #: 213582
Title: Requesting an amendment to the Somerville High School Construction appropriation to a new amount of $284,659,233 and increasing the amount of bonds, fund transfers, and other available funds of the city authorized to meet said appropriation.
Code sections: Bond/BAN -
Attachments: 1. Appropriation Order Somerville (Amending (2)) High School 04_2022

  Agenda Text

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Requesting an amendment to the Somerville High School Construction appropriation to a new amount of $284,659,233 and increasing the amount of bonds, fund transfers, and other available funds of the city authorized to meet said appropriation.

 

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Official Text

To the Honorable City Council:

 

I hereby request, subject to the approval of your Honorable City Council, an amendment to the order of appropriation and authorization to borrow $283,859,233 for the Somerville High School Construction Project approved by the City Council on December 9, 2021 to a new amount of $284,659,233 and so authorizing an increase in the amount of bonds, fund transfers, and/or other available funds to meet said new appropriation

 

The legal appropriation request drafted by bond counsel is attached to this communication.

 

My staff will be available to answer any questions you may have. Thank you for your consideration of this matter.

 

Respectfully,

Katjana Ballantyne, Mayor