TR-86-22 001 Resolution No. TR-86-22 (TO-84-103)
002 A Resolution Authorizing the Town Treasurer.to Borrow From
003 Time to Time Pursuant to G.L. Chapter 44 (4)
004 WHEREAS, It is in the Wiest financial interests of the. Town of
005 Agawam and its citizens that the Town Treasurer with the approval of the
006 Town Manager borrow from time to time during the fiscal year beginning
007 July 1, 1986, to issue notes of the town, and to refund notes issued for.
008 a shorter period by the issue of new notes; and
009 THERE., The Town Council of the Town of Agawam hereby votes to
010 authorize the Town Treasurer with the approval of the Town Manager
011 pursuant to G.L. Chapter. 44 (4) to borrow from time to time during the
012 fiscal year beginning July 1, 1986 an amount not exceeding the .limit set
013 forth in said section, to issue notes of the town thereafter payable in
014 not more than one year from their dates, and to refund notes issued for
015 a -shorter period by the issue of new notes payable in not more than one..
016 year from the date of the original loan being refunded:
017 DATED THIS DAY of , 1986.
018 PER ORDER OF THE AGAWAM TOWN COUNCIL
S019 .Andrew Gallano, esident
020 Agawam Town Council
021 APPROVED AS TO FORM AND LEGALITY
022 Ralph L. Atkins, Town Solicitor
/smr