Finance Committee - 1.24.2024

Finance Committee Meeting - 1.24.2024

File Attachments:

Finance Committee Meeting Agenda 1.24.24 (application/pdf, 56.1 KB, opens in new window/tab)

Chapters

Public Forum (00:00:00)
Public Forum

Public Forum
276-23 ORDER: Expenditure State Earmark Funds Iver Mills housing (00:01:14)
276-23 ORDER: Expenditure State Earmark Funds Iver Mills housing

276-23 ORDER: the City of Fitchburg hereby approves the expenditure of state earmark funds in the approximate amount of $200,000 (TWO HUNDRED THOUSAND DOLLARS) in support of the production of market-rate apartments at the Iver Mills housing development project on River Street.
277-23 ORDER: Expenditure State Earmark Funds Main Street Housing Incentive Program (00:20:03)
277-23 ORDER: Expenditure State Earmark Funds Main Street Housing Incentive Program

277-23 ORDER: the City of Fitchburg hereby approves the expenditure of state earmark funds in the approximate amount of $150,000 (ONE HUNDRED FIFTY THOUSAND DOLLARS), to be added to the city's Main Street Housing Incentive Program created last year, in support of the production of market-rate housing in upper stories of Main Street buildings.
278-23 ORDER: Grant Funds, from Executive Office of Housing and Livable Communities for Water Street gateway corridor (00:24:38)
278-23 ORDER: Grant Funds, from Executive Office of Housing and Livable Communities for Water Street gateway corridor

278-23 ORDER: the City of Fitchburg hereby approves the expenditure of grant funds from the Executive Office of Housing and Livable Communities in the approximate amount of $100,000 (ONE HUNDRED THOUSAND DOLLARS) for the purpose of conducting a study of the Water Street gateway corridor, specifically between the Water Street Bridge and the intersection of Bemis Road and Wanoosnoc Road, to analyze and prioritize redevelopment opportunities and infrastructure needs
279-23 ORDER: expenditure of grant funds from Massworks for the reconfiguration of Moran Square (00:48:41)
279-23 ORDER: expenditure of grant funds from Massworks for the reconfiguration of Moran Square

279-23 ORDER: the City of Fitchburg hereby approves the expenditure of grant funds from the Executive Office of Economic Development Massworks Program in the approximate amount of $450,000 (FOUR HUNDRED FIFTY THOUSAND DOLLARS) for the creation of engineering designs, including underground utilities, for the reconfiguration of Moran Square.