Transmitting Communication from Louis A. DePasquale, City Manager, relative to five orders requesting the transfer of unexpended bond proceeds borrowed to pay the costs of other capital projects

City of Cambridge Agenda Item Number 1A IN CITY COUNCIL JULY 30, 2018 ORDERED: That in accordance with Chapter 44, Section 20 of the General Laws, the unexpended balance of funds borrowed to pay costs of the project set forth below, which amount is no longer needed to complete the project for which it was initially borrowed, is hereby appropriated by this Council to pay additional costs of King Open Upper School Project including the payment of any and all costs incidental and related thereto: Project Description Original Amount Authorized Approval Date Unexpended Balance Transferred MLK School Renovation Project $11,000,000 05/05/2014 $944,991.14 Total $944,991.14