$6,854,417 was borrowed on July 16, 2017 by CITY OF QUINCY

OFFICIAL STATEMENT
CITY OF QUINCY, MASSACHUSETTS
$6,854,417 GENERAL OBLIGATION BOND ANTICIPATION NOTES

This Official Statement is provided for the purpose of presenting certain information relating to the City of Quincy, Massachusetts (the “City”) in connection with the sale of an aggregate $6,854,417 principal amount of its General Obligation Bond Anticipation Notes (the “Notes”). The information contained herein has been furnished by the City except information attributed to another governmental agency or official as the source.

Authorization of the Notes and Use of Proceeds

The following sets forth the principal amounts, purposes, original amounts authorized, dates of mayoral approval, and statutory references for the current offering of General Obligation Bond Anticipation Notes:

$3,000,000 - 12/20/2005 (Order 2005-245) - Land Acquisition (2) Ch. 44 s. 7(1) & 40Q
$2,639,417 - 1/19/2016 (Order 2016-003) - Beechwood Knoll & Merrymount School Roof, Windows & Doors Ch. 70B
$765,000 - 4/28/2015 - Sea Street Road & Traffic Improvements Ch. 44 s. 7(1)
$450,000 - 4/28/2015 - Sea Street Land Acquisition Ch. 44 s. 7(1)
$6,854,417
___________________
(1) Payable June 16, 2017. To be renewed with the proceeds of this issue.
(2) See discussion relative to the City’s redevelopment of Quincy Center under “Industry and Commerce” and “Tax Increment Financing for Development Districts” herein.

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