City of Milwaukee - File #: 020611

• File #: 020611
• Version: 0
• Type: Resolution
• Status: Passed
• File created: 7/16/2002
• In control: FINANCE & PERSONNEL COMMITTEE
• Final action: 8/1/2002
• Title: Resolution authorizing the issuance of short-term general obligation notes for funding the City's matching share of a United States National Park Service related grant under the Urban Parks and Recreation Recovery (UPARR) grant program for rehabilitating filtration systems for wading pools. The upgrading will correct deteriorating conditions and thereby meet existing safety standards for wading pools located at Enderis Play Field; Burbank Play Field; Burnham Play Field; Cleveland Playground; Holt Playground and Ohio Playground. (Comptroller)
• Sponsors: THE CHAIR
• Indexes: FEDERAL GRANTS, GENERAL OBLIGATION BONDS, PARKS

Date	Ver.	Action By	Action	Result	Tally
8/8/2002	0	MAYOR	SIGNED
8/1/2002	0	COMMON COUNCIL	ADOPTED	Pass	14:0
7/31/2002	0	FINANCE & PERSONNEL COMMITTEE	RECOMMENDED FOR ADOPTION	Pass	5:0
7/23/2002	0	FINANCE & PERSONNEL COMMITTEE	HEARING NOTICES SENT
7/23/2002	0	FINANCE & PERSONNEL COMMITTEE	HEARING NOTICES SENT
7/23/2002	0	FINANCE & PERSONNEL COMMITTEE	HEARING NOTICES SENT
7/18/2002		FINANCE & PERSONNEL COMMITTEE	REFERRED TO
7/16/2002	0	COMMON COUNCIL	ASSIGNED TO

Number
020611
Version
ORIGINAL
Reference
011715
Sponsor
THE CHAIR

Title
Resolution authorizing the issuance of short-term general obligation notes for funding the City's matching share of a United States National Park Service related grant under the Urban Parks and Recreation Recovery (UPARR) grant program for rehabilitating filtration systems for wading pools. The upgrading will correct deteriorating conditions and thereby meet existing safety standards for wading pools located at Enderis Play Field; Burbank Play Field; Burnham Play Field; Cleveland Playground; Holt Playground and Ohio Playground. (Comptroller)

Analysis
Resolution authorizing the issuance of short-term general obligation notes under s. 67.12(12), Stats., funding the City's matching share of a United States National Park Service related grant under the Urban Parks and Recreation Recovery (UPARR) grant program for rehabilitating filtration systems for wading pools. The upgrading will correct deteriorating conditions and thereby meet existing safety standards for wading pools located at Enderis Play Field; Burbank Play Field; Burnham Play Field; Cleveland Playground; Holt Playground and Ohio Playground. The grant is in a total amount of $299,360 of which 70% ($209,552) would be Grantor funding and 30% ($89,808) would be City borrowed Grantee funding.

Body
Whereas, The 2002 budget of the City of Milwaukee authorizes general obligation short-term borrowing under § 67.12(12) for paying the City's share of the costs under Grant and Aid Projects; and

Whereas, The City of Milwaukee is desirous of issuing and selling short-term promissory notes for the purpose of paying its share of the Grant and Aid Project for providing the City's "match" for the funding of a United States National Park Service related grant under the Urban Parks and Recreation Recovery (UPARR) grant program for rehabilitating filtration systems for wading pools. The upgrading will correct deteriora...