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File #: 141375    Version: 0
Type: Resolution Status: Passed
File created: 12/16/2014 In control: COMMON COUNCIL
On agenda: Final action: 1/21/2015
Effective date:    
Title: Resolution authorizing the sale and issuance of general obligation bonds in the aggregate amount of $1,374,000 for construction of engine houses, and for pumps, water mains, reservoirs and all other reasonable facilities for fire protection apparatus or equipment for fire protection.
Sponsors: THE CHAIR
Indexes: FIRE DEPARTMENT, GENERAL OBLIGATION BONDS
Attachments: 1. Comptroller Letter, 2. Fiscal Impact Statement, 3. 2015 New borrowing, 4. Hearing Notice List, 5. Notice Published on 2-3-15
Number
141375
Version
ORIGINAL
 
Reference
 
Sponsor
THE CHAIR
 
Title
Resolution authorizing the sale and issuance of general obligation bonds in the aggregate amount of $1,374,000 for construction of engine houses, and for pumps, water mains, reservoirs and all other reasonable facilities for fire protection apparatus or equipment for fire protection.
 
Analysis
Resolution authorizes the issuance and sale of general obligation bonds for construction of engine houses, and for pumps, water mains, reservoirs and all other reasonable facilities for fire protection apparatus or equipment for fire protection, in the amount of $1,374,000.
 
Body
Whereas, The 2015 budget of the City of Milwaukee adopted by the Common Council contemplates the issuance of general obligation bonds in the aggregate amount of $1,374,000 for construction of engine houses, and for pumps, water mains, reservoirs and all other reasonable facilities for fire protection apparatus or equipment for fire protection; 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 $1,374,000 for construction of engine houses, and for pumps, water mains, reservoirs and all other reasonable facilities for fire protection apparatus or equipment for fire protection.
 
Requestor
Comptroller
 
Drafter
Comptroller
Richard Li/Diane Marek
12/10/14
PD-8158oW.rtf