Proceeds will help finance capital projects, including a new library in East Boston, extensive work to the exterior of the Mattahunt School in Mattapan, new fire equipment, and the continued reconstruction of roadways and sidewalks citywide.
Editor's note: The following is a press release from the City of Boston. While the city is funding a new library in East Boston, it still has no plans to renovate the Jamaica Plain Branch Library. Mayor Thomas Menino announced Thursday that the City has sold $232.1 million of general obligation bonds (Series A through C) via competitive sale. Eight different firms bid on the series. The City was able to secure an interest rate of 2.46 percent to fund $122 million of new capital needs (Series A new money). These proceeds will help finance capital projects throughout the City’s neighborhoods, including a new library in East Boston, extensive work to the exterior of the Mattahunt School in Mattapan, new fire equipment, and the continued …
In this Article:
Peg Moloney
8:56 am on Sunday, March 18, 2012
Please call/email the Mayor and City Councillors and ask them to include funding for a complete renovation and expansion of the Jamaica Plain Branch Library in the 2013 capital budget. Our library has been ignored for too long; a fix-up won't do the job. Peg Moloney more ›