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File #: 971438    Version:
Type: Resolution Status: Passed
File created: 12/16/1997 In control: FINANCE & PERSONNEL COMMITTEE
On agenda: Final action: 1/20/1998
Effective date:    
Title: Resolution relating to the issuance and sale of general obligation bonds in the amount of $10,050,756 for a project undertaken for a public purpose, to-wit: for public buildings for the housing of machinery and equipment. (Comptroller)
Sponsors: THE CHAIR
Indexes: BUDGET, GENERAL OBLIGATION BONDS, PUBLIC BUILDINGS
NUMB:
971438
VERS:
ORIGINAL
REF:
 
XXBY:
THE CHAIR
TITL:
Resolution relating to the issuance and sale of general obligation bonds in the amount of $10,050,756 for a project undertaken for a public purpose, to-wit: for public buildings for the housing of machinery and equipment. (Comptroller)
ANLS:
_____________________________________________
 
-Analysis-
 
This resolution authorizes the issuance and sale of general obligation bonds in accordance with sec. 67.04, Stats., in the amount of $10,050,756 for a project undertaken for a public purpose, to-wit: for public buildings for the housing of machinery and equipment. _____________________________________________
BODY:
Whereas, The 1998 budget of the City of Milwaukee adopted by the Common Council contemplates the issuance of general obligation bonds in the amount of $10,050,756 for a project undertaken for a public purpose, to-wit: for public buildings for the housing of machinery and equipment, now, therefore, be it
 
Resolved, By the Common Council of the City of Milwaukee that it hereby and herewith authorizes and declares its purpose to issue and sell general obligation bonds in the amount of $10,050,756 for a project undertaken for a public purpose, to-wit: for public buildings for the housing of machinery and equipment.
ZDPT:
Comptroller
DFTR:
City Atty.
TEH:kef\resoluti\publdgs
11/24/97