Finance Committee — Agenda, Jul 8, 2025

City of Somerville, Massachusetts Finance Committee Regular Meeting Agenda Virtual 6:00 PM Tuesday, July 8, 2025 https://us02web.zoom.us/webinar/register/WN_3tWerRzQRF-59le-wqNvjw (Posted online: 7/2/25 at 5:55 PM) 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_3tWerRzQRF-59le-wqNvjw Individuals 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 and activities of the City of Somerville or to attend meetings, should contact Adrienne Pomeroy in advance, at [phone removed] x2059 or ada@somervillema.gov. Roll Call 1. Committee Minutes (ID # 25-1049) Agenda Ready: Approval of the Minutes of the Finance Committee of the Whole Meeting of June 3, 2025. 2. Committee Minutes (ID # 25-1107) Agenda Ready: Approval of the Minutes of the Finance Committee Meeting of June 9, 2025. 3. Committee Minutes (ID # 25-1127) Agenda Ready: Approval of the Minutes of the Finance Committee Meeting of June 10, 2025. 4. Committee Minutes (ID # 25-1166) Agenda Ready: Approval of the Minutes of the Finance Committee Meeting of June 18, 2025. 5. Committee Minutes (ID # 25-1184) Agenda Ready: Approval of the Minutes of the Finance Committee Meeting of June 16, 2025. Page 1 of 2

Finance Committee Regular Meeting Agenda July 8, 2025 6. Committee Minutes (ID # 25-1202) Agenda Ready: Approval of the Minutes of the Finance Committee of the Whole meeting of June 24, 2025. Grant and Gift Acceptances 7. Mayor's Request (ID # 25-0848) Referred for Recommendation: Requesting approval to accept and expend a $38,500 grant with no new match required, from the Boston Office of Emergency Management to the Police Department for Special Response Team equipment. Authorizations 8. Mayor's Request (ID # 25-1086) Referred for Recommendation: Requesting authorization to dispose of bicycles previously abandoned in the City of Somerville to a charitable organization. Contracts and Agreements 9. Mayor's Request (ID # 25-1068) Referred for Recommendation: Requesting approval to enter into a contract of up to ten years for the services of an operator for the Greater Boston Bike Share program (Bluebikes). 10. Mayor's Request (ID # 25-0978) Referred for Recommendation: Requesting approval to execute the Fourth Amendment to the lease agreement with Dana Family Series, LLC, for the Grove Street parking lot, through June 30, 2026. 11. Mayor's Request (ID # 25-1001) Referred for Recommendation: Requesting approval of a time-only extension for the contract with Franklin Cummings Institute, to December 31, 2026. 12. Mayor's Request (ID # 25-1160) Referred for Recommendation: Requesting approval of the final Urban Center Housing Tax Increment Financing (UCH-TIF) Agreement for the 299 Broadway project. 13. Mayor's Request (ID # 25-1163) Referred for Recommendation: Requesting approval of a Public Access and Maintenance Access Easement for 299 Broadway Property Owner LLC. 14. Mayor's Request (ID # 25-1164) Referred for Recommendation: Requesting approval of a Maintenance Access Easement and Landscape Management and Maintenance Plan for 299 Broadway Property Owner LLC for the future Sewall Park at the 299 Broadway development. Page 2 of 2