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Ordinance 1740-90
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Ordinance 1740-90
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9/28/2017 10:56:37 AM
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Ordinances
Ordinance Number
1740-90
Date
10/3/1990
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The cost of all necessary architectural, engineering and <br /> other consulting services, inspection and testing, administrative <br /> and relocation expenses and other costs incurred in connection <br /> with the making of the foregoing capital improvements shall be <br /> deemed a part of the costs of such improvements. Such improve- <br /> ments shall be complete with all necessary furniture, equipment <br /> and appurtenances, provided that no bond proceeds may be expended <br /> for replacement of equipment. The estimated cost of the Project <br /> and all costs incidental thereto and to the issuance of the Bonds <br /> is hereby declared to be as nearly as practicable the sum of <br /> $2,756, 250, which shall be provided form the proceeds of sale of <br /> the Bonds. <br /> By ordinance of the City, the Council may alter, make sub- <br /> stitutions to and amend such project descriptions as it <br /> determines is in the best interests of the City and consistent <br /> with the general descriptions provided herein. <br /> By ordinance of the City, the Council shall determine the <br /> application of moneys available for the Project set forth above <br /> so as to accomplish, as nearly as may be, all improvements <br /> described as part of such Project. The City shall determine the <br /> exact extent and specifications for construction of structures or <br /> other improvements. If the City Council by ordinance shall <br /> determine that it has become impractical to accomplish any of <br /> such improvements or portions thereof by reason of changed <br /> conditions or needs, incompatible development, costs <br /> substantially in excess of the amount of Bond proceeds or tax <br /> levies estimated to be applied thereto, or acquisition by a <br /> superior governmental authority, the City shall not be required <br /> to accomplish such improvement. If any or all of the <br /> improvements of the Project have either been completed, or their <br /> completion duly provided for, or their completion found to be <br /> -5- KR113 90/09/17 <br />
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