City of Milwaukee - File #: 151248

• File #: 151248
• Version: 0
• Type: Resolution
• Status: Passed
• File created: 12/15/2015
• In control: FINANCE & PERSONNEL COMMITTEE
• Final action: 1/19/2016
• Title: Resolution authorizing the sale and issuance of general obligation bonds in the aggregate amount of $37,000,000 for grants and financing receivables.
• Sponsors: THE CHAIR
• Indexes: BONDS, GOVERNMENT

Date	Ver.	Action By	Action	Result	Tally
1/28/2016	0	MAYOR	SIGNED
1/19/2016	0	COMMON COUNCIL	ADOPTED	Pass	15:0
1/13/2016	0	FINANCE & PERSONNEL COMMITTEE	RECOMMENDED FOR ADOPTION	Pass	5:0
1/7/2016	0	FINANCE & PERSONNEL COMMITTEE	HEARING NOTICES SENT
12/15/2015	0	COMMON COUNCIL	ASSIGNED TO

Number

151248

Version

ORIGINAL

Reference

Sponsor

THE CHAIR

Title

Resolution authorizing the sale and issuance of general obligation bonds in the aggregate amount of $37,000,000 for grants and financing receivables.

Analysis

Resolution authorizes the issuance and sale of general obligation bonds for grants and financing receivables, in the amount of $37,000,000.

Body

Whereas, The 2016 budget of the City of Milwaukee adopted by the Common Council contemplates the issuance of general obligation bonds in the aggregate amount of $37,000,000 for grants and financing receivables; 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 $37,000,000 for grants and financing receivables.

Requestor

Comptroller

Drafter

Richard Li/Sharon Kraft

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