The appropriation and authorization to borrow $10,000,000 to provide funds for the design and reconstruction of the Tobin School building. If approved, this appropriation will be included in the City’s FY20 bond issue

ORDERED: ORDERED: That $10,000,000 is appropriated, for the purpose of financing the design and reconstruction of the Tobin and Vassal Lane Upper School; 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 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.

ORDERED: ORDERED: That $10,000,000 is appropriated, for the purpose of financing the design and reconstruction of the Tobin and Vassal Lane Upper School; 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; and be it further 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 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. Passed to a second reading at the City Council meeting held on April 22, 2019 and on or after May 6, 2019 the question comes on adoption. Attest:- Donna P. Lopez City Clerk

ORDERED: ORDERED: That $10,000,000 is appropriated, for the purpose of financing the design and reconstruction of the Tobin and Vassal Lane Upper School; 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; and be it further 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 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. In City Council May 20, 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