LEGISLATIVE YEAR 2021
RESOLUTION: R-21-117
PURPOSE: Amendment to R-20-083 “Authorizing the acquisition of
property at 36 Buckmeadow Road, Tax Map C, Lot 762 for a
purchase price of $370,000”
SPONSOR(S): Alderman Richard A. Dowd
COMMITTEE
ASSIGNMENT: Planning and Economic Development Committee
FISCAL NOTE: The fiscal impact of this legislation is the same as R-20-083 and
includes the cost of acquiring the property ($370,000).
ANALYSIS
This resolution authorizes the city to acquire the property at 36 Buckmeadow Road for the sum
of $370,000 on the terms and conditions of the attached purchase and sale agreement, which has
been amended from the previous approved version mainly to obviate the need for a subsequent
purchase and sale, and authorizes the Mayor to sign all needed documents to effectuate this
transaction. Funds for the purchase will come from Fund #5800 “School Capital Projects Fund”,
Project “New Middle School”, Account #81600 “Land”.
The Planning Board recommended passage of R-20-083 and as this amendment does not change
the parcel to be acquired by the City, further Planning Board recommendation pursuant to
Charter §77 is not required.
Approved as to form: Office of fw"
By: f gee
Date: 2/5 pss)
