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CMA 2023 #179 · Agenda item attachment · Jun 26 2023
A communication transmitted from Yi-An Huang, City Manager, relative to an order requesting the rescission of the remaining amount of the loan order authorized by the City Council on May 23,2016 for the construction of the King Open/Cambridge Street Schools & Community Complex
City of Cambridge
Agenda Item Number 6
IN CITY COUNCIL
June 26, 2023
City of Cambridge, Massachusetts
CITY OF CAMBRIDGE, MASSACHUSETTS
IN CITY COUNCIL
ORDERED:
That the City of Cambridge rescinds the following amounts that have been authorized to be borrowed, but
which are no longer needed for the purposes for which they were initially approved:
Unissued
Amount
Date of Loan
Order Approval
Original
Purpose
$2,600,000
May 23, 2016
Construction of the King
Open/Cambridge Street
Schools & Community
Complex