| Bill Number: | R-03-265 |
| 1st Reading: | 9/23/2003 |
| Bill Name: | AUTHORIZING THE MAYOR AND CITY TREASURER TO ISSUE BONDS NOT TO EXCEED THE AMOUNT OF THREE HUNDRED TWENTY-FIVE THOUSAND DOLLARS ($325,000) FOR REPLACEMENT OF THE HVAC SYSTEM AT THE NASHUA POLICE DEPARTMENT |
| Bill Status: | Approved |
| Approval Date: | 12/23/2003 |
| Voting: |
Bolton, Steven - Alderman At - Large - Yes
Britton, Frederick - Alderman At - Large - Yes Cardin, Lori - Alderman Ward 7 - Yes Cote, Scott - Alderman Ward 9 - No Deane, David - Alderman At - Large - Yes Dion, Robert - Alderman Ward 6 - Yes Gage, Kevin - Alderman Ward 3 - Not Present Johnson, Paula - Alderman At - Large - No Liamos, Stephen - Alderman Ward 8 - No McAfee, Kevin - Alderman Ward 1 - Yes McCarthy, Brian - Alderman At - Large - Yes Nickerson, Timothy - Alderman Ward 2 - Yes Plamondon, Marc - Alderman Ward 4 - Yes Rootovich, David - Alderman At - Large - Yes Tollner, James - Alderman At - Large - Yes |
| Bill Sponsor: | Mayor Streeter |
| Co-Sponsors: |
Cardin, Lori - Alderman Ward 7
Britton, Frederick - Alderman At - Large Cote, Scott - Alderman Ward 9 |
| Bill Text: | AUTHORIZING THE MAYOR AND CITY TREASURER TO ISSUE BONDS
NOT TO EXCEED THE AMOUNT OF THREE HUNDRED TWENTY-FIVE THOUSAND DOLLARS ($325,000) FOR REPLACEMENT OF THE HVAC SYSTEM AT THE NASHUA POLICE DEPARTMENT
In the Year Two Thousand and Three RESOLVED by the Board of Aldermen of the City of Nashua that the Mayor of the City of Nashua and the City Treasurer of the City of Nashua are hereby authorized to issue and sell general obligation bonds of the City, in an aggregate principal not to exceed three hundred twenty-five thousand dollars ($325,000). The proceeds of said bonds shall be used for the replacement of the HVAC system at the Nashua Police Department. Life span of said work will be twenty (20) years. The bonds shall be general obligations of the City of Nashua, payable as to principal and interest from ad valorem taxes, which will be levied without limitation as to rate or amount on all taxable property within the territorial limits of the City of Nashua. The bonds shall bear the manual and facsimile signature of the City Treasurer and the Mayor. None of said bonds shall be obligatory without the authenticating certificate signed by an authorized officer of a bank or trust company doing business in the State of New Hampshire or the Commonwealth of Massachusetts, or the Commissioner of Revenue Administration. The bonds are to be issued in fully-registered form by means of a book-entry system or otherwise and shall have such terms and conditions and be in such form, subject to the provisions of this resolution and applicable law, as such shall be determined by the Mayor and the City Treasurer. RESOLVED FURTHER, that the Mayor is authorized to enter into the required contracts therefor as well as any amendments to be made thereto or any other documentation necessary for the receipt of said funds. |