File #: 261-14    Version: 1 Name:
Type: Order Status: Passed
File created: 4/30/2014 In control: City Council
On agenda: 4/29/2014 Final action: 4/29/2014
Title: Order: That borrowing authorized by Paper #11 and #11A of 2013 be reduced to $13,118,879

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Order: That borrowing authorized by Paper #11 and #11A of 2013 be reduced to $13,118,879

 

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Ordered:  That $4,750,000 of the $11,000,000 authorized to be borrowed to pay costs of street and sidewalk reconstruction projects by order of this Council duly adopted and approved by the Mayor on February 27, 2013 (Paper #11), is hereby rescinded and of no further force or effect.

Further Ordered:  That $1,859,000 of the $4,409,000 authorized to be borrowed to pay costs of departmental vehicles and equipment, that $185,608 of the $1,105,608 authorized to be borrowed to pay costs of computer hardware and computer software, that $2,300,000 of the $2,710,000 authorized to be borrowed to pay costs of building reconstruction and that $686,094 of the $3,674,365 authorized to be borrowed to pay costs of outdoor recreation facilities by order of this Council duly adopted and approved by the Mayor on March 28, 2013 (Paper #11A), is hereby rescinded and of no further force or effect.