ORDER-2020-9 : Authorizing a Bond under the Water Enterprise System through MWRA Local Water System Assistance Program bonds for FY2020 in the amount of One Million, Four Hundred Forty Thousand Dollars ($1,440,000)

Transcript (~2 min @ 1:03:32)

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▶ 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

▶ 1:03:38 Jennifer L. Lemmerman: the order passes continuing with orders from committee alderman Letter garabedian yes we

▶ 1:03:42 Kate Lipper-Garabedian: also have order number 2020-9 authorizing a bond under the water enterprise system through mwra local water system assistance program bonds for fiscal year 2020 in the amount of one million four hundred forty thousand dollars i move to remove this from committee second we have a motion to

▶ 1:03:57 Jennifer L. Lemmerman: remove order 2020-9 from committee from appropriations made by alderman lippert garabedian seconded by alderman mortimer all in favor any opposed the orders before you motion for passage second we have a motion for passage of the order made by alderman lippert garabedian seconded by alderman mortimer on discussion i'll move yours thank you and again i want to point

▶ 1:04:16 Monica C. Medeiros: out that there is in IQ m2 attached to this order in our online system there is an amortization schedule entitled amort water November 19 it is also a 10-year

▶ 1:04:38 Monica C. Medeiros: bond with a annual principal and interest payment of 144,000 and this is paid out of the water enterprise fund and that would just uh thank you thank you also available

▶ 1:04:54 Monica C. Medeiros: online and i believe that was included in our budget when we budgeted this year because we

▶ 1:05:02 Jennifer L. Lemmerman: were anticipating this expenditure thank you any further discussion the motion made and seconded

▶ 1:05:08 Speaker 5: to rick to for passage of this order also a roll call vote alderman Bewtra yes alderman voyzel 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