City of Milwaukee - File #: 010208

• File #: 010208
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 5/30/2001
• In control: FINANCE & PERSONNEL COMMITTEE
• Final action: 9/25/2001
• Title: Substitute series resolution authorizing and providing for the sale by the City of Milwaukee, Wisconsin, of a Series of Sewerage System Revenue Bonds, Series 2001, in the principal amount of not to exceed $29,095,000 for the purpose of financing the costs of improvements to the City's Sewerage System; prescribing certain details of such bonds; and certain other matters related thereto.
• Sponsors: THE CHAIR
• Indexes: MUNICIPAL BORROWING, REVENUE BONDS, SEWER IMPROVEMENTS

Date	Ver.	Action By	Action	Result	Tally
10/4/2001	1	MAYOR	SIGNED
9/25/2001	1	COMMON COUNCIL	ADOPTED	Pass	16:0
9/20/2001	1	FINANCE & PERSONNEL COMMITTEE	RECOMMENDED FOR ADOPTION	Pass	4:0
9/19/2001	1	CITY CLERK	DRAFT SUBMITTED
9/11/2001	0	FINANCE & PERSONNEL COMMITTEE	HEARING NOTICES SENT
9/11/2001	0	FINANCE & PERSONNEL COMMITTEE	HEARING NOTICES SENT
5/31/2001		FINANCE & PERSONNEL COMMITTEE	REFERRED TO
5/30/2001	0	COMMON COUNCIL	ASSIGNED TO

Number
010208
Version
SUBSTITUTE 1
Reference
991863
Sponsor
THE CHAIR
Title
Substitute series resolution authorizing and providing for the sale by the City of Milwaukee, Wisconsin, of a Series of Sewerage System Revenue Bonds, Series 2001, in the principal amount of not to exceed $29,095,000 for the purpose of financing the costs of improvements to the City's Sewerage System; prescribing certain details of such bonds; and certain other matters related thereto.

Analysis
This resolution provides the authority, when utilized in conjunction with the "Resolution" (File No. 991863), for the issuance of a series of Sewerage System Revenue Bonds with debt service on such bonds to be payable from the revenues of the Sewerage System. This resolution also sets forth and details the technical aspects of such issuance.

Body
Whereas, In interpreting the terms of the Series 2001 Resolution, all terms which are defined in Section 1.01 of the Resolution shall have the same meanings, respectively, in this Series 2001 Resolution as such terms are given in said Section 1.01 of the Resolution. Resolution means Common Council Resolution File No. 991863 adopted by the Common Council on August 2, 2001. In addition, as used in this Series 2001 Resolution, unless the context shall otherwise require, the following terms shall have the following respective meanings: "Series 2001 Bonds" means the Sewerage System Revenue Bonds, Series, 2001, pursuant to and subject to the terms, conditions and limitations established in the Resolution and this Series 2001 Resolution. "Series 2001 Resolution" means this Series 2001 Resolution authorizing up to $29,095,000 aggregate principal amount of the Series 2001 Bonds. "Tax Certificate" means the Federal Tax Certificate executed by an Authorized Officer of the City in connection with the issuance of the Series 2001 Bonds; and

Whereas, The Resolution provides the authority (when utilized in conjunction with separate "Se...