Agenda Text
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Requesting an amendment to the Somerville High School Construction appropriation to a new amount of $278,790,633 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 $255,982,704 for the Somerville High School Construction Project approved by the Board of Aldermen on March 23, 2017 to a new amount of $278,790,633 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,
Joseph A. Curtatone, Mayor