Finance Committee

Virtual

Agenda — 17 items

1. 1 (Posted online: 10/13/26 at 8:00 PM) Original (Posted online: 10/14/26 at 10:15 AM) Revised
2. 2 Pursuant to Chapter 2 of the Acts of 2025, this meeting of a City Council Committee will be conducted via remote participation. We will post an audio recording, audio-video recording, transcript, or other comprehensive record of these proceedings as soon as possible after the meeting on the City of Somerville website and local cable access government channels. Copy & paste the following link into your internet browser to view this meeting live: https://us02web.zoom.us/webinar/register/WN_XWqwJTOBQZuFmWmgklnzhA Persons with disabilities who need auxiliary aids and services for effective communication (i.e., CART, ASL), written materials in alternative formats, or reasonable modifications in policies and procedures in order to access the programs, activities, and meetings of the City of Somerville should contact the ADA Coordinator in advance at 617-625-6600 x 2059 or ADA@somervillema.gov.
3. 4 Roll Call
4. 1. Approval of the Minutes of the Finance Committee Meeting of October 6, 2026. 26-1520
5. 9 Equity and Belonging
6. 2. Requesting approval to appropriate $100,000 from the Racial and Social Justice Fund to implement the 2026 Community Grant Cycle. 26-1472
7. 12 Community Space
8. 3. That the Administration and relevant departments submit a memo to this Council showing the cost of staffing Somerville High School to be used as a teen center after school hours. 26-1427
9. 14 Police Depatment
10. 4. Requesting approval to accept and expend a $35,000 grant with no new match required, from the Mass Department of Mental Health to the Police Department for overtime/backfill to support officers and supervisors in obtaining/maintaining Crisis Intervention Team Training certification. 26-1414
11. 16 Council Orders
12. 5. That the Director of Procurement and Contracting Services provide this City Council with a report of all artificial intelligence vendors and services for which the city currently has contracts or ongoing payment obligations. 26-1032
13. 18 Infrastructure
14. 6. Requesting authorization to borrow $3,143,557 in a bond, and to appropriate the same amount for additional costs of design, construction, and equipping of the Poplar Street Pump Station. 26-1487
15. 7. Requesting authorization to reduce the borrowing appropriation of $89,332,819 for the Poplar Street Project by $2,097,667.05. 26-1486
16. 21 Economic Development
17. 8. That the Director of Finance and the Director of Economic Development report to this Council on the situation of financial bankruptcy, involving the investor funds, holding equity in the empty lab building at 808 Windsor Place, Boynton Yards. 26-1429

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