21.322 An Order to Authorize Borrowing 1.09 Million for New Fire Ladder TruckCity of Northampton
MASSACHUSETTS
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In City Council September 22, 2021
Upon recommendation of the Mayor
21.322 An Order to Authorize Borrowing $1.09 Million for New Fire Ladder Truck
Ordered, that
$1,090,656 is appropriated to pay costs of acquiring a fire ladder truck, 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.