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File #: 231242    Version: 0
Type: Resolution Status: Passed
File created: 12/12/2023 In control: COMMON COUNCIL
On agenda: Final action: 1/17/2024
Effective date:    
Title: Resolution authorizing the sale and issuance of general obligation bonds in the aggregate amount of $1,000,000 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 PREVENTION, GENERAL OBLIGATION BONDS
Attachments: 1. Comptroller Letter 2024 Borrowing, 2. Fiscal Impact Statement , 3. Notice published 2/1/2024

Number

231242

Version

ORIGINAL

Reference

 

Sponsor

THE CHAIR

Title

Resolution authorizing the sale and issuance of general obligation bonds in the aggregate amount of $1,000,000 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 $1,000,000.

Body

Whereas, the 2024 budget of the City of Milwaukee adopted by the Common Council contemplates the issuance of general obligation bonds in the aggregate amount of $1,000,000 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 $1,000,000 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

Joshua Benson

12/1/2023

 

PD-8664hW.rtf