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File #: 221245    Version: 0
Type: Resolution Status: Passed
File created: 12/13/2022 In control: FINANCE & PERSONNEL COMMITTEE
On agenda: Final action: 1/17/2023
Effective date:    
Title: Resolution authorizing the sale and issuance of general obligation bonds in the aggregate amount of $2,500,000 for fire engines and other equipment of the fire department.
Sponsors: THE CHAIR
Indexes: FIRE DEPARTMENT, FIRE PREVENTION, GENERAL OBLIGATION BONDS
Attachments: 1. Fiscal Impact Statement, 2. Comptroller Letter 2023 Borrowing , 3. Notice published 2-1-23

Number

221245

 

Version

ORIGINAL

 

Reference

 

Sponsor

THE CHAIR

 

Title

Resolution authorizing the sale and issuance of general obligation bonds in the aggregate amount of $2,500,000 for fire engines and other equipment of the fire department.

 

Analysis

Resolution authorizes the issuance and sale of general obligation bonds for fire engines and other equipment of the fire department, in the amount of $2,500,000.

 

Body

Whereas, the 2023 budget of the City of Milwaukee adopted by the Common Council contemplates the issuance of general obligation bonds in the aggregate amount of $2,500,000 for fire engines and other equipment of the fire department; 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 $2,500,000 for fire engines and other equipment of the fire department.

 

Requestor

Comptroller

 

Drafter

Joshua Benson

12/5/22

 

PD-8625iW.rtf