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File #: 231245    Version: 0
Type: Resolution Status: Passed
File created: 12/12/2023 In control: COMMON COUNCIL
On agenda: Final action: 1/17/2024
Effective date:    
Title: Resolution authorizing the sale and issuance of general obligation bonds in the aggregate amount of $2,000,000 for school purposes.
Sponsors: THE CHAIR
Indexes: GENERAL OBLIGATION BONDS, SCHOOLS
Attachments: 1. Comptroller Letter 2024 Borrowing, 2. Fiscal Impact Statement, 3. 231245 - C60

Number

231245

Version

ORIGINAL

Reference

 

Sponsor

THE CHAIR

Title

Resolution authorizing the sale and issuance of general obligation bonds in the aggregate amount of $2,000,000 for school purposes.

Analysis

Resolution authorizes the issuance and sale of general obligation bonds for school purposes, in the amount of $2,000,000.

Body

Whereas, the 2024 budget of the City of Milwaukee adopted by the Common Council contemplates the issuance of general obligation bonds in the aggregate amount of $2,000,000 for school purposes; now, therefore, be it

 

Resolved, By the Common Council of the City of Milwaukee that it hereby authorizes and declares its purpose to sell and issue general obligation bonds in the aggregate amount of $2,000,000 for school purposes.

 

Requestor

Comptroller

 

Drafter

Joshua Benson

12/1/2023

 

PD-8664jW.rtf