Number
061003
Version
SUBSTITUTE 1
Reference
Sponsor
THE CHAIR
Title
Substitute resolution authorizing the sale and issuance of general obligation bonds for paying project costs in accordance with project plans for tax incremental districts under s. 66.1105.
Analysis
Resolution authorizing the issuance and sale of $70,280,000 of general obligation bonds for paying project costs in accordance with project plans for tax incremental districts under s. 66.1105.
Body
Whereas, The 2007 Budget of the City of Milwaukee adopted by the Common Council contemplates the issuance of general obligation bonds in the aggregate amount of $70,280,000 for paying project costs in accordance with project plans for tax incremental districts under s. 66.1105; 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 aggregate amount of $70,280,000 for paying project costs in accordance with project plans for tax incremental districts under s. 66.1105.
Requestor
Comptroller
Drafter
Comptroller
RSL
PD-7228m1W.doc