HER HONOR THE MAYOR |
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Josh Morse Buildings, Maureen Lemieux Executive |
#241-24 |
Appropriate $72,608,506 for the construction of the Franklin School Project |
HER HONOR THE MAYOR requesting authorization to appropriate and expend the sum of seventy-two million six-hundred-eight thousand five-hundred-six dollars ($72,608,506) and authorize a general obligation borrowing of an equal amount for the construction of the Franklin School project and authorization to apply any premium received upon the sale of the bonds or notes, less the cost of preparing, issuing, and marketing them, and any accrued interest received upon the delivery of the bonds or notes to the costs of the project and to reduce the amount authorized to be borrowed for the project by like amount. The amount authorized to be borrowed by and under this order shall be reduced to the extent that any grants are received by the City from the Massachusetts School Building Authority (MSBA) for this project. |
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05-29-24
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