City of Somerville header
File #: 23-1849    Version: 1
Type: Mayor's Request Status: Approved
File created: 12/8/2023 In control: City Council
On agenda: 12/14/2023 Final action: 12/21/2023
Enactment date: 12/14/2023 Enactment #: 216412
Title: Requesting authorization to borrow $1,500,000 in a bond, and to appropriate the same amount, for a pocket park on the 217 Somerville Avenue site.
Indexes: Finance-Assessing, Finance-Auditing, Finance-Budget, Finance-Grants Development, Finance-Procurement & Contracting Services, Finance-Treasury, SPCD Administration
Code sections: Bond/BAN -
Attachments: 1. 217 Somerville Avenue $1500000 Appropriation Order for park and open space, 2. 217 Somerville Avenue (Open Space lot) FY24, 3. Certified Copy, 4. Certified Copy

Agenda Summary

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Requesting authorization to borrow $1,500,000 in a bond, and to appropriate the same amount, for a pocket park on the 217 Somerville Avenue site.

 

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Official Text

To the Honorable City Council:

 

The Mayor respectfully requests that this Council appropriate $1,500,000 in order to construct a pocket park on the 217 Somerville Avenue site. To meet this appropriation, the Treasurer will be authorized to borrow $1,500,000 as provided by MGL Chapter 44.

 

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

 

Respectfully,

Katjana Ballantyne, Mayor