Number
011357
Version
SUBSTITUTE ONE
Sponsor
THE CHAIR
Title
Substitute resolution approving Official Statement issued in conjunction with the sale of City of Milwaukee, Wisconsin, General Obligation Bonds, Series W and/or X; and, Short-Term Promissory Notes, Series A2; and, Short-Term Promissory Notes, Series of 2002-A (Borrowing in Anticipation of the Receipt of State Shared Revenues).
Analysis
This resolution calls for the approval by the Common Council of the City of Milwaukee of the Official Statement issued in conjunction with the sale of General Obligation Corporate Purpose Bonds, Series W; General Obligation Short-Term Promissory Notes, Series A2 and City of Milwaukee Short-Term Promissory Notes, Series of 2002-A (Borrowing in Anticipation of the Receipt of State Shared Revenues) scheduled for sale on March 12, 2002.
Body
Whereas, The City Comptroller on February 28, 2002 issued an Official Statement for the purpose of providing comprehensive financial and economic information respecting the City of Milwaukee as an aid to bidding on March 12, 2002, for City of Milwaukee, Wisconsin, General Obligation Corporate Purpose Bonds, Series W; General Obligation Short-Term Promissory Notes, Series A2 and City of Milwaukee Short-Term Promissory Notes, Series of 2002-A (Borrowing in Anticipation of the Receipt of State Shared Revenues); and
Whereas, Financial and economic information has been compiled by the Office of the Comptroller from its annual financial report, property tax records maintained by the Assessor's Office and from other books and records of the City; and
Whereas, Concurrently with the delivery of the above cited three debt issues, the City will deliver its certificate signed by its Comptroller stating that the description and statements, including financial statements, as pertaining to the City contained in the Official Statement as of its date and the date of sale and delivery of the above cited three debt issues, were ...
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