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Board of Finance 09/08/08 Resolution Amendment
HART1-1484948-1

RESOLUTION AMENDING A RESOLUTION PROVIDING FOR A SPECIAL APPROPRIATION IN THE AMOUNT OF $38,826,000 FOR THE PLANNING AND CONSTRUCTION OF ADDITIONS AND RENOVATIONS AT NEWTOWN HIGH SCHOOL AND AUTHORIZING THE ISSUANCE OF $38,826,000 BONDS OF THE TOWN TO MEET SAID SPECIAL APPROPRIATION AND PENDING THE ISSUANCE THEREOF THE MAKING OF TEMPORARY BORROWINGS FOR SUCH PURPOSE


RESOLVED:

        Section~1.~~Section 1 of the resolution entitled “Resolution Providing For A Special Appropriation In The Amount Of $38,826,000 For The Planning And Construction Of Additions And Renovations At Newtown High School And Authorizing The Issuance Of $38,826,000 Bonds Of The Town To Meet Said Special Appropriation And Pending The Issuance Thereof The Making Of Temporary Borrowings For Such Purpose”, approved at a referendum held April 22, 2008, (the “Resolution”) is hereby amended by increasing the amount of the special appropriation and bond authorization therein by $6,045,454 from $38,826,000 to $44,871,454, thereby making said Section read as follows:

“Section 1.  The sum of $44,871,454 is a special appropriation made pursuant to Chapter 6, Section 6-30 (a),(b) and (c) of the Town Charter of the Town of Newtown, for the planning and construction of additions and renovations at Newtown High School in the Town of Newtown, Connecticut (the “Town”), generally consisting of renovations and additions to provide additional space for twenty general use classrooms, five science classrooms/laboratories, two culinary arts classrooms, two child development classrooms and a new multi-purpose cafeteria and kitchen; new teacher offices for the new classrooms and school assistant principal offices & conference areas; expanded and improved nurses suite, accessible toilet and work stations, faculty workroom, dance studio, exercise room, computer lab; renovations to the film studio, expansion of a circulation stair, conversion of existing spaces to an art studio, ensemble music rooms, and renovations to the electronic music rooms; installation of a new synthetic athletic field and all weather track, modifications to the existing concrete bleachers to provide accessibility to disabled spectators; expansion and renovations to the existing gymnasium, including new retractable bleachers with handicap accessible seating; new service space area; new handicap parking spaces and improvements to existing handicap parking spaces to meet new code requirements; construction of a small children’s play area to accommodate the child development area needs; HVAC improvements; site work, roadwork, lighting, landscaping, miscellaneous renovations and improvements, furniture, fixtures and equipment related thereto, and for feasibility, surveys, testing, inspections, environmental, construction management and other professional fees, administrative, financing, printing and legal costs related to the foregoing, all to be approved by the Public Building & Site Commission, said appropriation to be inclusive of any and all State and Federal grants-in-aid thereof (collectively, the “Project”).”

        Section 2.  The first sentence of Section 2 of the Resolution is hereby amended by substituting the figure $44,871,454 for the figure $38,826,000 therein, thereby making said sentence read as follows.

“Section~2.~~To meet said appropriation, $44,871,454 bonds of the Town, or so much thereof as shall be necessary for such purpose, shall be issued, maturing not later than the maximum maturity permitted by the General Statutes of the State of Connecticut, as amended from time to time (the “Connecticut General Statutes”).”  

        Section~3.~~Section 5 of the Resolution shall be applicable to the special appropriation and bond authorization added by this amendment, as of the date of the adoption of such amendment.

        Section 4.  Section 8~of the Resolution shall be applicable to the special appropriation and bond authorization added by this amendment, as of the date of the adoption of such amendment.