|December 2, 2010|
|7:00 pm||to||9:00 pm|
Thurs. Dec. 2 7:00 – 9:00 PM
Somerville City Hall
93 Highland Ave.
Somerville MA (map)
Paper agenda only: Assembly Square DIF
This special meeting of the Board of Aldermen has been called to discuss and vote on the proposed Assembly Square DIF, authorized at the BOA Finance Committee Tuesday night, November 30. This DIF is intended to cover a shortfall in infrastructure funding caused by the fact that the Federal appropriation for the T-Stop did not pass Congress, and the IKEA has delayed construction.
If implemented as planned, this DIF will very likely result in developments that only cover debt service on the DIF bonds themselves. The rest of Somerville will pay for the city services required by those developments.
Please attend this meeting. For more information, see: