19.018 Order to Authorize Borrowing $180,000 for Jackson Street School BoilerCITY OF NORTHAMPTON
MASSACHUSETTS
In City Council, March 21, 2019
Upon the recommendation of the Mayor
19.018 Order to Authorize Borrowing $180,000 for Jackson Street School Boiler
Ordered, that
the sum of $180,000 is appropriated for the cost of a boiler system installation and improvements at the Jackson Street Elementary School including the payment of costs incidental or
related thereto; that to meet such appropriation the Treasurer with the approval of the Mayor is authorized to borrow such amount under M.G.L. c. 44, §7, or pursuant to any other enabling
authority, and to issue bonds or notes of the City therefor; and that the Mayor is authorized to take any other action necessary to carry out this project. Any premium received by the
City upon the sale of any bonds or notes approved by this order, less any such premium applied to the payment of the costs of issuance of such bonds or notes, may be applied to the
payment of costs approved by this order in accordance with Chapter 44, Section 20 of the General Laws, thereby reducing the amount authorized to be borrowed to pay such costs by a like
amount.