NUMB:
980397
VERS:
Substitute 1
REF:
XXBY:
THE CHAIR
TITL:
Substitute resolution appropriating $4,500,000 from the Borrowed Money Fund for the purpose of financing parking lots or other parking facilities in conjunction with the Miller Park Stadium.
ANLS:
Analysis
This resolution appropriates $4,500,000 from the Borrowed Money Fund for the purpose of financing off-street parking improvements at the new Miller Park Stadium.
BODY:
Whereas, The City of Milwaukee is committed to financing $18,000,000 in public improvements in conjunction with the new Miller Park Stadium; and
Whereas, the City has authorized the issuance and sale of general obligation bonds in the amount of $4,500,000 for the purpose of financing parking lots or other parking facilities; now, therefore, be it
Resolved, That the sum of $4,500,000 be and hereby is appropriated from the Borrowed Money Fund to the Miller Park Off-Street Parking Account No. 45-766-0113, for the purpose of financing off-street parking improvements at the new Miller Park Stadium.
ZDPT:
Budget
DFTR:
City Attorney
#11760/TEH:kef/Miller Park-2
6/25/98