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Title:
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ORD Auth the Borrowing from the City’s Commercial Paper Facility &/or Issuance of Fixed-Rate Debt in the Cumulative, not to exceed amt of $1,500,000, or such lesser amt as determined Pursuant to the agreemnt (defined below), & approp thereof to provide funding for the Palm Ave improvemnts; purpose of approp; Amending the 2021-2025 5 Yr CIP Apvd by Ord 2020-505-E to provide addn’l funding for the Proj entitled “Palm Ave Improvements” (The Project”); Amending 2020-504-E, the FY 2021 Budget Ord, to replace the 3rd revised schedule B4, the FY 20-21 Debt Mgmt Fund Detail, & 2nd Revised Schedule B4B, the FY 2020-2021 Capital Improvement Projs funded via borrowing, to auth the borrowing &/or the issuance of debt for the Proj; Auth the borrowing & approp of funds; Auth the Mayor, or his Designee, & Corp. Secretary to execute & deliver, for & on behalf of the City, a public infrastructure Capital Improvemnts Costs Disbursemnt Agreemnt (“Agreemnt”) for the reconstruction of Palm Ave btwn the Cit...
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