21.194 An Order to Rescind Borrowing Authority - 3 VotesCity of Northampton
MASSACHUSETTS
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In City Council February 18, 2021
Upon recommendation of the Mayor
21.194 An Order to Rescind Borrowing Authority - 3 Votes
Ordered, that
the City Council rescind the following orders because such borrowing authority is no
longer necessary:
Order 20.075: $150,000 of borrowing authority authorized under the loan order approved
on July 9, 2021 to acquire land on Boggy Meadow Road to add to the Broad Brook –Fitzgerald
Lake Greenway as the borrowing authority is no longer needed.
Order 17.272: $1,630,000 of borrowing authority authorized under the loan order approved
on April 20, 2017 for engineering and construction of repairs at the Ryan Reservoir as the project
schedule and overall cost estimate is being reevaluated.
Order 17.272: $250,000 of borrowing authority authorized under the loan order approved
on April 20, 2017 for engineering and construction work related to rehabilitation and replacement
of the city’s primary water main transmission line as the project schedule and overall cost is being
reevaluated.