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Transmitting Communication from Louis A. DePasquale, City Manager, requesting the appropriation and authorization to borrow $1,800,000 to provide funds for various Schools for repairs to electrical service, roof replacement, chiller replacement, floor replacement and replacement of bi-directional amplifier and antenna in various school buildings. ON OR AFTER JUNE 15, 2020 THE QUESTION COMES ON ADOPTION
City of Cambridge
Agenda Item Number 8
IN CITY COUNCIL
May 18, 2020
ORDERED:
That $1,800,000 is appropriated, for the purpose of financing building renovations,
including but not limited to, the following projects:
Provide repairs to electrical service, roof replacement, chiller replacement, floor
replacement, and replacement of bi-directional amplifier and antenna in various
School buildings,
and to meet this appropriation the Treasurer with the approval of the City Manager is
authorized to borrow $1,800,000 under Chapter 44 of the General Laws or any other
enabling authority; and be it further
ORDERED:
That 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.
In City Council June 15, 2020.
Adopted by a yea and nay vote:-
Yeas 9; Nays 0; Absent 0.
Attest:- Anthony I. Wilson, City Clerk
A true copy;
ATTEST:-
Anthony I. Wilson
City Clerk