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

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

ORDERED: 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 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. Passed to a second reading at the City Council meeting held on May 18, 2020 and on or after June 8, 2020 the question comes on adoption. Attest:- Anthony I. Wilson City Clerk