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HomeMy Public PortalAbout23-02-14 Order: Borrowing of Funds - Streets and Sidewalk ImprovementsELECTED OFFICIALS: Mark S. Sideris, Council President Vincent J. Piccirilli, Jr., Vice President & District C Councilor John M. Airasian, Councilor At Large Caroline Bays, Councilor At Large John G. Gannon, Councilor At Large Anthony Palomba, Councilor At Large Nicole Gardner, District A Councilor Lisa J. Feltner, District B Councilor Emily Izzo, District D Councilor Watertown City Council Administration Building 149 Main Street Watertown, MA 02472 Phone: 617.972-6470 Order # G] 2023 -0- 9 ORDER TO APPROVE THE BORROWING OF FUNDS TO PAY COSTS OF STREETS AND SIDEWALK IMPROVEMENTS ORDERED: That the sum of $2,500,000 is appropriated to pay costs of constructing, reconstructing, paving, repairing or otherwise improving streets and sidewalks including improving underground ducts and conduits and paying all other costs incidental and related to such street and sidewalk work; and that to meet this appropriation, the City Treasurer, with the approval of the City Manager, is authorized to borrow said amount under and pursuant to M.G.L. c. 44, §7(1), or pursuant to any other enabling authority, and to issue bonds or notes of the City therefor. BE IT FURTHER ORDERED: That a copy of said Order be forwarded to the City Auditor and City Treasurer/Coll) ctpr. Council Member I hereby certify that at the regular meeting of the City Council for which a quorum was present, the above Order was adopted by a vote of 9 for, 0 against, and (') present on February 28, 2023. 14/ , Oisivz-J City Council Clerk Mark S. Sideris, Council President