City of Milwaukee - File #: 120008

• File #: 120008
• Version: 0
• Type: Resolution
• Status: Placed On File
• File created: 4/17/2012
• In control: COMMON COUNCIL
• Final action: 5/9/2023
• Title: Resolution authorizing the sale and issuance of general obligation debt for Water purposes.
• Sponsors: THE CHAIR
• Indexes: GENERAL OBLIGATION BONDS, WATER WORKS

Date	Ver.	Action By	Action	Result	Tally
5/9/2023	0	COMMON COUNCIL	PLACED ON FILE	Pass	15:0
5/3/2023	0	FINANCE & PERSONNEL COMMITTEE	RECOMMENDED FOR PLACING ON FILE	Pass	5:0
4/17/2012	0	COMMON COUNCIL	ASSIGNED TO

Number

120008

Version

Original

Reference

Sponsor

THE CHAIR

Title

Resolution authorizing the sale and issuance of general obligation debt for Water purposes.

Analysis

The Water Department has applied for $17.9 million of loans through the Save Drinking Water Loan program. This file authorizes General Obligation debt borrowing for Water Purposes from the Safe Drinking Water Loan Program.

If all the loans are approved, then contingent borrowing may be required to borrow the full amount.

Body

Requestor

Comptroller

Drafter

Comptroller

RL

PD-7922W.rtf