BE IT ORDAINED by the City Council of the City of North Adams as follows: That the sum of THREE HUNDRED THOUSAND DOLLARS ($300,000.00) be and is hereby appropriated to pay the costs associated with the repair and replacement of fire hydrant water system improvements located in public ways throughout the City, and for the payment of all costs incidental and related thereto, and that to meet this appropriation, the Treasurer, with the approval of the Mayor, is authorized to borrow said amount under and pursuant to Chapter 44 of the General Laws, or pursuant to any other enabling authority, and to issue bonds or notes of the City therefor; and further, that any premium received by the City upon the sale of any bonds or notes so approved, 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 hereby 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; or to take any other action relative thereto. AND BE IT FURTHER ORDERED that the Treasurer is authorized to file an application with the appropriate officials of The Commonwealth of Massachusetts ("Commonwealth") to qualify under Chapter 44A of the General Laws any and all bonds of the City to be issued pursuant to this Order, and to provide such information and execute such documents as such officials of the Commonwealth may require. IN CITY COUNCIL April 13, 2020 Paul J. Hopkins, President Catherine H. Verrier, Assistant City Clerk Posted: April 17, 2021 AD# 55966 04/17/2021
Apr 17, 2021 (Expired).
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