Transmitting Communication from Louis A. DePasquale, City Manager, relative to the appropriation and authorization to borrow $4,000,000 to provide design and construction of Eliot Street between JFK St. and Brattle St. which is a continuation of the Harvard Square Kiosk and Plaza and Surface Enhancement project. ON OR AFTER MAY 6, 2019 THE QUESTION COMES ON ADOPTION

City of Cambridge Agenda Item Number 6 IN CITY COUNCIL April 22, 2019 ORDERED: ORDERED: That $4,000,000 is appropriated, for the purpose of financing the design and construction of the Eliot Street between JFK St. and Brattle St.; and to meet this appropriation the Treasurer with the approval of the City Manager is authorized to borrow $4,000,000 under Chapter 44 of the General Laws or any other enabling authority. Any premium received by the City upon the sale of any bonds or notes approved by this vote, less the cost of preparing issuing and marketing them, and any accrued interest received upon the delivery of such bonds or notes, shall be applied to the payment of project costs approved by this vote, thereby reducing the amount authorized to be borrowed to pay such costs by a like amount.