CMA 2025 #96 : Transmitting Communication from Yi-An Huang, City Manager, relative to the appropriation and authorization to borrow $19,986,000 to provide funds for financing school building upgrades. PASSED TO A SECOND READING AND REFERRED TO THE FINANCE COMMITTEE IN COUNCIL APRIL 28, 2025 ELIGIBLE FOR ADOPTION MAY 19, 2025

City of Cambridge Calendar Item Number 12 Agenda Item Number 6 IN CITY COUNCIL April 28, 2025 June 2, 2025 ORDERED: That $19,986,000 is appropriated, for the purpose of financing school building upgrades, and to meet this appropriation the Treasurer with the approval of the City Manager is authorized to borrow $19,986,000 under Chapter 44 of the General Laws or any other enabling authority, and to issue bonds or notes of the City therefor. In City Council June 2, 2025. Adopted by a yea and nay vote:- Yeas 9; Nays 0; Absent 0. Attest:- Paula M. Crane, Interim City Clerk. A true copy; ATTEST:- Paula M. Crane Interim City Clerk