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File #: 437-25    Version: 1 Name:
Type: Order Status: Agenda Ready
File created: 11/13/2025 In control: City Council
On agenda: 11/18/2025 Final action:
Title: Order: That during the City of Malden Special Municipal Election to be held on February 10, 2026, the following debt exclusion ballot question be included: Shall the City of Malden be allowed to temporarily assess an additional $10,000,000 in real estate and personal property taxes through a debt/expenditure exclusion, for the specific purpose of paying for the construction associated with the outfit of an art center at the old Malden District Courthouse on Summer Street, for which the monies will be used for the fiscal years beginning July 1, 2026 through June 30, 2037? A yes vote would support a temporary increase in real estate and personal property taxes beginning with fiscal year 2027 (07/01/2026 to 06/30/2027) until fiscal year 2036 (07/01/2036 to 06/30/2037). A no vote would make no change to the current tax structure.
Sponsors: Ryan O'Malley, Karen Colon Hayes
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Title

Order: That during the City of Malden Special Municipal Election to be held on February 10, 2026, the following debt exclusion ballot question be included:

Shall the City of Malden be allowed to temporarily assess an additional $10,000,000 in real estate and personal property taxes through a debt/expenditure exclusion, for the specific purpose of paying for the construction associated with the outfit of an art center at the old Malden District Courthouse on Summer Street, for which the monies will be used for the fiscal years beginning July 1, 2026 through June 30, 2037?

A yes vote would support a temporary increase in real estate and personal property taxes beginning with fiscal year 2027 (07/01/2026 to 06/30/2027) until fiscal year 2036 (07/01/2036 to 06/30/2037).

A no vote would make no change to the current tax structure.