Committee reauthorizes $75,848.53 from rideshare trust for multiuse path projects

The Peabody City Council Finance Committee approved reauthorization and appropriation of $75,848.53 from consolidated rideshare appropriations to be used on multiuse and bicycle path projects across the city.

City staff described the request as consolidating excess funding from several prior rideshare appropriations and leaving a remaining balance of $75,848.53 to fill gaps on bike path projects. The staff presentation noted the request would allow use of the consolidated balance toward Peabody City multiuse path projects. Councilor Gould moved the reauthorization and appropriation; the committee approved the motion on a roll call vote with Councilors Turco, Gould, Gamache, Manning Martin and Chair Councilor McGinn voting yes. City staff identified Kurt Bellavance as available to provide further detail if needed; no further questions were recorded in the transcript.

The motion as recorded authorized the city council to reauthorize remaining rideshare balances and appropriate up to the full amount of $75,848.53 for a Peabody multiuse path project.