approve2024-149
Approve 2024-149 (authorize Mayor to acquire 5 Market Street and appropriate $3,150,000).
2024-149 · BUDGET · INFRASTRUCTURE · 2024
An Order authorizing the Mayor to acquire the land, building, and structures located at 5 Market Street, Amesbury, for the purpose of using the building for City Hall purposes, and the appropriation of $3,150,000 to fund such acquisition, including the payment of all costs incidental and related thereto.
This order authorizes Amesbury to acquire the property at 5 Market Street for City Hall. It finances the $3.15 million purchase through a $1.25 million borrowing and $1.9 million from free cash, with potential leases of parts of the property. Passage requires a two-thirds City Council vote.
approved CITYWIDESPECIFIC PROPERTY
- STEP 1SubmittedNOV 12 2024
- STEP 2 · CURRENTApprovedDEC 10 2024
AI summary · plain-language
The City Council authorizes the Mayor to acquire five parcels at 5 Market Street for use as City Hall, with a $3.15 million appropriation funding the purchase and related costs. Financing includes a $1.25 million loan and a $1.9 million transfer from free cash, with the Mayor empowered to execute all necessary documents and to lease portions of the property as needed. The ordinance requires a two-thirds vote of the City Council under Massachusetts law.
Key provisions
§1 Authorizes the Mayor to acquire five parcels at 5 Market Street for City Hall purposes.
§2 Appropriates $3,150,000 to fund the acquisition and related costs, financed by a loan of $1,250,000 and $1,900,000 from free cash.
§3 Allows leasing portions of the property to the seller or other entity under GL c. 30B, §16.
§4 Requires a two-thirds vote by the City Council under G.L. c. 40, §14.
Discussed at meetings
City Council**REVISED** City Council Meeting
Planning BoardPlanning Board
approve2024-149
Keith Ratner motioned to send a positive recommendation for Bill 2024-149 to City Council.
—Bill 2024-149
City CouncilBudget and Finance Committee Meeting
other2024-149
Councilor Redfern made a motion to return 2024-149 to the City Council with a positive recommendation.
2024-1492024-149
City CouncilCity Council Meeting
other2024-149
Suspend the rules and accept 2024-149 as a late file.
refer2024-149
Refer 2024-149 An Order authorizing the Mayor to acquire the land, building, and structures located at 5 Market Street, Amesbury, for the purpose of using the building for City Hall purposes, and the appropriation of $3,150,000 to fund such acquisition, including the payment of all costs incidental and related thereto to Ordinance & Administration, Planning & Development, Budget & Finance, and the Planning Board and set a second reading and public hearing on 11/26.