← City Council · 2019-09-03 · City Council Regular Meeting
ORDER-2020-8 : Authorizing a Bond in the amount of Three Hundred, Seventy Five Thousand Dollars ($375,000) under the Sewer Enterprise Account through the MWRA Sewer System I/I Local Financial Assistance Program
Agenda original PDF
Minutes original PDF
ORDER-2020-8 Bond City of Melrose Page 1 9/12/2019 1:38 PM Minutes Board of Aldermen September 3, 2019 Authorizing a Bond in the amount of Three Hundred, Seventy Five Thousand Dollars ($375,000) under the Sewer Enterprise Account through the MWRA Sewer System I/I Local Financial Assistance Program Passed
Transcript
▶ 1:01:14 Jennifer L. Lemmerman: discussion. All in favor? Aye. Any opposed? The order will be placed on file. Continuing with
▶ 1:01:23 Kate Lipper-Garabedian: orders from committee, Alderman Lipper-Garabedian. Yes, thank you. I move to remove order number 2020-8 authorizing a bond in the amount of $375,000 under the sewer enterprise account. through the MWRA Sewer System I&I Local Financial Assistance Program.
▶ 1:01:37 Jennifer L. Lemmerman: Second. We have a motion to remove Order 2020-8 from the Appropriations Committee made by Alderman Lipper-Garabedian, seconded by Alderman Mortimer. All in favor? Aye. Any opposed? The order is before you.
▶ 1:01:49 Speaker 1: Motion to approve.
▶ 1:01:51 Jennifer L. Lemmerman: We have a motion for passage made by Alderman Lipper-Garabedian. Second. Seconded by Alderman Mortimer. On discussion, Alderman Medeiros. Thank you.
▶ 1:02:01 Monica C. Medeiros: uh in response to uh one of the questions from the members of the public this evening there is a file that is in this order it's entitled
▶ 1:02:16 Monica C. Medeiros: amort november 19th sewer however that is the amortization schedule that shows the payments for i believe it's a 10-year bond however i receive a an error when i click on this showing that it's corrupt the files corrupt so i'd just like to move that it won't open on my computer anyway so i see thank you johnny his head but when i click on it it it gives me uh now it's giving me i actually like how that works okay now i'm being able to open it just fine i did report it while we were in the middle of this but yeah so it's a 10-year bond then for discussion and it is a total principal and interest payment of thirty seven thousand five hundred dollars
▶ 1:03:02 Jennifer L. Lemmerman: uh annually thank you and yes it can be found on iqm2 for any member of the public wishing to access it any further discussion a motion has been made and seconded for passage of the
▶ 1:03:15 Speaker 5: order this is a roll call vote alderman Bewtra yes alderman Passed yes alderman forbes yes alderman Letter garabedian yes alderman mcmaster yes alderman medeiros yes alderman mortimer yes alderman Tramontozzi yes alderman wright yes alderman Zwirko yes president lemmerman yes