BE IT RESOLVED BY THE GOVERNING BODY OF THE CITY OF LAWRENCE, KANSAS:
SECTION I. The Governing Body hereby finds that the design, construction, improvements, and repair of the Lawrence City Hall – including improvements to the heating-cooling and ventilation system and the electrical systems of City Hall – is in the public interest and is hereby ordered.
SECTION II. The Governing Body hereby allocates for the project described in Section 1 the amount of $199,680 not including issuance and interest costs for said project. The cost of the project shall be paid from all lawful sources including the issuance of General Obligation Bonds pursuant to Charter Ordinance No. 32.
SECTION III. The City expects to make additional capital expenditures on and after the date of adoption of this resolution in connection with the project set forth in this resolution, and the City intends to reimburse itself for such expenditures with the proceeds of the bonds and/or notes in the maximum principal amount of $199,680.
ADOPTED by the governing body of the City of Lawrence, Kansas this __________ day of
_____________________________, 2005.
APPROVED
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Dennis Highberger, Mayor
ATTEST:
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Frank S. Reeb, City Clerk