Title
APPROPRIATING ORDINANCE #3 AN ORDINANCE AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION BONDS, FISCAL YEAR 2022
Body
SECTION I: UP TO THIRTY-YEAR BONDS
BE IT ORDAINED by the New Haven Board of Alders, acting pursuant to the due authorization of the General Statutes and Special Acts of the State of Connecticut, that:
(a) $29,250,000 General Obligation Bonds No. 19 (the "Bonds") shall be issued in one or more series for the following public improvements, and the proceeds thereof are hereby appropriated for said purposes, as explained in the project narratives stated separately hereinafter, in the following amounts:
Project Code
Project Description
City Bond Amounts ($)
2219
Street Reconstruction/Complete Street
$2,300,000
2220
Sidewalk Reconstruction
2,300,000
2221
Bridges
1,500,000
2222
Street Lighting
100,000
2224
General Storm
500,000
2226
Parks Infrastructure Improvements
1,000,000
2227
General Park Improvements
700,000
2228
Street Trees
1,500,000
2229
Lighting
100,000
2230
Bridge Upgrades & Rehabilitation
300,000
2231
Sidewalk Construction and Rehabilitation
400,000
2232
Pavement Management and Infrastructure
3,000,000
2237
Route 34 East
500,000
2238
Farmington Canal Line
300,000
2240
Airport General Improvements
500,000
2248
Land & Building Bank
1,000,000
2249
Commercial Industrial Site Development
1,500,000
2250
Facades
150,000
2252
Downtown Crossing
800,000
2255
Westville Manor
1,000,000
2257
Housing Development
1,000,000
2258
Acquisition
300,000
2260
Homeowner Capital Investment Program
1,000,000
2261
General Improvements
7,500,000
Grand Total
$29,250,000
(b) The Bonds of each series shall mature not later than the maximum maturity permitted by the General Statutes of Connecticut, Revision of 1958, as amended from time to time (the "Connecticut General Statutes"), be executed in the name and on behalf of the City by the manual or facsimile signatures of the Mayor, City Treasurer and Controller, bear the City seal or a facsimile there...
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