RESOLUTION NO. 7192

A RESOLUTION AUTHORIZING RENOVATION OF FIRE STATION NO. 1 OF THE CITY OF LAWRENCE, KANSAS, PURSUANT TO CHARTER ORDINANCE NO. 40, AND THE ISSUANCE OF GENERAL OBLIGATION BONDS TO PAY THE COSTS THEREOF.

WHEREAS, Charter Ordinance No. 40 of the City of Lawrence, Kansas (the “City”) authorizes the issuance of general obligation bonds to pay for the costs of design, alteration, repair, reconstruction, remodel, renovation, or replacement of certain public buildings, including fire facilities; and

WHEREAS, the Governing Body of the City hereby finds and determines that it is necessary to make the following public building improvements.

BE IT RESOLVED BY THE GOVERNING BODY OF THE CITY OF LAWRENCE KANSAS:

Section 1.        Pursuant to Charter Ordinance No. 40 of the City, the Governing Body hereby finds that it is necessary and desirable to design, repair, renovate and reconstruct Fire Station No. 1 of the City, including various interior and exterior improvements necessary to address the operational needs of the City’s fire and medical departments, renovations necessary for ADA compliance, and other related and appurtenant improvements (collectively, the “Improvements”).

Section 2.        The Governing Body hereby finds it necessary and desirable to authorize the issuance of general obligation bonds and/or temporary notes of the City pursuant to Charter Ordinance No. 40 to pay the costs of the Improvements, in a principal amount not to exceed $6,287,000, plus costs of issuance and interest on any temporary financing.

Section 3.        The City expects to make additional capital expenditures on and after the date of adoption of this Resolution in connection with the Improvements and the City intends to reimburse itself for such expenditures with the proceeds of the bonds and/or notes in a maximum principal amount of $6,287,000 plus costs of issuance and interest on any temporary financing.

Adopted by the Governing Body of the City of Lawrence, Kansas this 7th day of March, 2017.

                                                                                                Mayor

ATTEST:

          City Clerk