TheCambridge Record
Agenda ItemsCity Manager's Agenda

CMA 2023-264

The appropriation of $2,091,000 from Free Cash to the Mitigation Revenue Stabilization Fund. During FY23, the City received mitigation revenues from various developers as a result of commitments related to zoning ordinance amendments and special permit conditions. By law, all mitigation revenues must be deposited into the General Fund and can only be appropriated after the Free Cash Certification is complete

How it started
Oct 30, 2023 · Submitted by Yi-An Huang, City Manager.
What happened
Oct 30, 2023 · 📁 Placed on file. This was an informative report; there were no decisions to make. (unanimous · one absent)

Voted yes (8), unanimous

  • Burhan Azeem
  • Dennis Carlone
  • Alanna Mallon
  • Marc McGovern
  • E. Denise Simmons
  • Paul F. Toner
  • Quinton Zondervan
  • Sumbul Siddiqui

Absent (1)

  • Patty Nolan
Roll call of Oct 30, 2023 · from the council’s minutes · photos: City of Cambridge
What’s next
🚪 End of the line: filing closes the matter. Nothing further is scheduled.
🏛 This item on the city's site
🗓 The meeting where this was taken up: Oct 30, 2023