21.220 FY22 CIP - An Order to Authorize Borrowing 450,000 for Hotel Bridge - Certified21.220
CITY OF NORTHAMPTON
MASSACHUSETTS
In city councd April 1, 2021
Upon the recommendation of the Mayor
21.220 FY22 CIP — An Order to Authorize Borrowincl $450,000 for Hotel Bridge
Ordered that
$450,000 is appropriated to pay costs of making structural and road surface
improvements to the Hotel Bridge to accommodate bicycle and pedestrian traffic, including all
costs incidental and related thereto; that to meet this appropriation, the Treasurer, with the
approval of the Mayor, is authorized to borrow said amount under Chapter 44, Section 7(1) of
the General Laws, or pursuant to any other enabling authority, and to issue bonds or notes of the
City therefor; that the Mayor is authorized to take any action necessary or convenient to carry out
this project; and that 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 of the project approved by this order
in accordance with Chapter 44, Section 20 of the General Laws and thereby reduce the amount
of the authorized borrowing by a like amount.
In City Council, April 1, 2021
Passed First Reading on Roll Call vole of 9 Yes, 0 No, 0 Absent
, Clerk or Council
In City Council, April 1.5, 2021
Passed Second Reading on Roll Call vole or n Yes, 0 No, 0 Absent
MUM 14&bgg �,r , Clerk or council
Approved: David ,1. Nsrkewicz, Mayor
Passed two readings and enrolled.
1 hereby certify that the above Order passed the Northampton City Council on April 15. 2021
David J. Norkewicz, Nlayoor{appproved the Order on April 20, 2021
Attest: {,,tr�.vtit. `, Clerk of Council