By Joe Ruvido
The Somerville Board of Aldermen voted unanimously to approve a $50 million contribution to the Green Line Extension (GLX) project. The vote was held at the Board’s regular meeting last Thursday. The money will be bonded and paid to the state in $10 million dollar installments.
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(The opinions and views expressed in the commentaries and letters to the Editor of The Somerville Times belong solely to the authors and do not reflect the views or opinions of The Somerville Times, its staff or publishers)
I’m writing to urge the Board of Aldermen to approve Somerville’s $50 million funding of the Green Line Extension. Financial analysis of the bond issue is complex, and I can’t begin to offer an opinion on it. I think we have to have faith that our city and legislative delegation have negotiated the best deal that we get in order to have the GLX go forward. We need to remember that there are some in the Baker Administration which would be extremely happy to cancel the project using our indecision or lack of approval of this as an excuse.
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By Joe Ruvido
At a special meeting on Thursday December 1, The Board of Aldermen heard the mayor’s in-depth financial analysis of the Green Line Extension (GLX) project. According to the facts presented, Somerville needs to approve a $50M contribution to the project by December 8.
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