Transmitting Communication from Louis A. DePasquale, City Manager, relative to the appropriation and authorization to borrow $10,000,000 to provide funds for the construction of improvements at City Hall. ON OR AFTER MAY 6, 2019 THE QUESTION COMES ON ADOPTION

City of Cambridge Agenda Item Number 7 IN CITY COUNCIL April 22, 2019 ORDERED: ORDERED: That $10,000,000 is appropriated, for the purpose of financing the construction of the City Hall Improvements; and to meet this appropriation the Treasurer with the approval of the City Manager is authorized to borrow $10,000,000 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 any such premium applied to the payment of costs of issuance of such bonds or notes, may be applied to the payment of project costs approved by this vote in accordance with Chapter 44, Section 20, thereby reducing the amount authorized to be borrowed to pay such costs by a like amount.