Transmitting Communication from Louis A. DePasquale, City Manager, relative to the appropriation of $4,025,020 from Free Cash to the Public Investment Fund School Extraordinary Expenditures account to fund a roof replacement project at the Graham and Parks Elementary School

CITY OF CAMBRIDGE IN THE CITY COUNCIL MSBAORDER That the City of Cambridge, Massachusetts (the "City") hereby appropriates the amount of Four Million Twenty-Five Thousand and Twenty Dollars ($4,025,020) Dollars for the purpose of paying costs of roof replacement at the Graham and Parks Elementary School, including the payment of all costs incidental or related thereto (the "Project"), which proposed repair project would materially extend the useful life of the school and preserve an asset that otherwise is capable of supporting the required educational program, and for which the City has applied for a grant from the Massachusetts School Building Authority ("MSBA"), said amount to be expended under the direction of the Cambridge School Committee. To meet this appropriation the City Treasurer, is authorized to transfer said amount from Free Cash. The City acknowledges that the MSBA's grant program is a non- entitlement, discretionary program based on need, as determined by the MSBA, and if the MSBA's Board of Directors votes to invite the Town to collaborate with the MSBA on this proposed repair project, any project costs the City incurs in excess of any grant that may be approved by and received from the MSBA shall be the sole responsibility of the City; and that, if invited to collaborate with the MSBA on the proposed repair project, the amount authorized to be transferred from Free Cash pursuant to this vote shall be reduced by any grant amount set forth in the Project Funding Agreement that may be executed between the City and the MSBA. In City Council February 25, 2019. Adopted by a yea and nay vote:- Yeas 9; Nays 0; Absent 0. Attest:- Donna P. Lopez, City Clerk A true copy; ATTEST:- Donna P. Lopez City Clerk 4/2011 BOS111!2693119.1