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CITY OF SALEM BOND ORDER FIRST PASSAGE In City Council May 25, 2023 ORDERED: Fiscal Year 2024 General Fund Capital Improvement Program Funded from Bond AuthorizaƟon as amended below: That the sum of $4,400,000 be and hereby is appropriated to pay costs of the following capital equipment and capital improvement projects listed under the heading FY24 CIP- Funded from BOND AUTHORIZATION and for the payment of all costs incidental and related thereto, and that to meet said appropriaƟon the Treasurer, with the approval of the Mayor, is authorized to borrow said sum under M.G.L. Chapter 44, SecƟons 7 and 8, or pursuant to any other enabling authority, and to issue bonds or notes of the City therefor. FY2024 CIP-Funded from BOND AUTHORIZATION Engineering Municipal Citywide Roads, Sidewalks, and Crosswalk Improvements (Non-Chapter 90) $1,300,000 Fire Fire Pump $685,000 Parks & RecreaƟon Willows Pier $400,000 Traffic & Parking Fort Ave/Columbus Ave IntersecƟon Re-Design Project $1,100,000 Traffic & Parking South Harbor Garage Storm Water Drain & Air Exchange Upgrades $440,000 Planning Palmer Cove Park Phase 2 RenovaƟon $475,000 TOTAL BOND AUTHORIZATION: $4,400,000 Be it further Ordered: That the Mayor and the Treasurer are each authorized to file an applicaƟon to qualify under Chapter 44A of the MassachuseƩs General Laws any and all bonds of the City issued under and pursuant hereto, and to provide such informaƟon and execute such documents as may be required in connecƟon therewith. In City Council May 25, 2023 Referred to the CommiƩee on AdministraƟon and Finance co-posted with the CommiƩee of the Whole In City Council June 8, 2023 Adopted for first passage by a roll call vote of 11 yeas, 0 nays and 0 absent ATTEST: ILENE SIMONS CITY CLERK Adv: June 14, 2023