City of Milwaukee - File #: 001136

• File #: 001136
• Version: 0
• Type: Resolution
• Status: Passed
• File created: 11/28/2000
• In control: FINANCE & PERSONNEL COMMITTEE
• Final action: 12/15/2000
• Title: Resolution to issue and sell general obligation bonds in the amount of $3,050,000 for providing financial assistance to blight elimination, slum clearance, redevelopment, and urban renewal projects. (Comptroller)
• Sponsors: THE CHAIR
• Indexes: BLIGHTED PROPERTY ACQUISITION, BUDGET, BUSINESS IMPROVEMENT DISTRICTS, GENERAL OBLIGATION BONDS, REDEVELOPMENT, URBAN

Date	Ver.	Action By	Action	Result	Tally
12/18/2000	0	MAYOR	SIGNED
12/15/2000	0	COMMON COUNCIL	ADOPTED	Pass	16:0
12/13/2000	0	FINANCE & PERSONNEL COMMITTEE	RECOMMENDED FOR ADOPTION	Pass	5:0
12/4/2000	0	FINANCE & PERSONNEL COMMITTEE	HEARING NOTICES SENT
11/29/2000		FINANCE & PERSONNEL COMMITTEE	REFERRED TO
11/28/2000	0	COMMON COUNCIL	ASSIGNED TO

Number

001136

Version

ORIGINAL

Reference

991333

Sponsor

THE CHAIR

Title

Resolution to issue and sell general obligation bonds in the amount of $3,050,000 for providing financial assistance to blight elimination, slum clearance, redevelopment, and urban renewal projects.  (Comptroller)

Analysis

Resolution authorizes the issuance and sale of general obligation bonds in accordance with s. 67.04, Stats., for providing financial assistance to blight elimination, slum clearance, redevelopment, and urban renewal projects under ss. 66.405 to 66.425, 66.43, 66.431, 66.4325, 66.435 and 66.46, in the amount of $3,050,000.

Body

Whereas, The 2001 budget of the City of Milwaukee adopted by the Common Council contemplates the issuance of general obligation bonds in the amount of $3,050,000 for providing financial assistance to blight elimination, slum clearance, redevelopment, and urban renewal projects under ss. 66.405 to 66.425, 66.43, 66.431, 66.4325, 66.435 and 66.46; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee that it hereby authorizes and declares its purpose to issue and sell general obligation bonds in the amount of $3,050,000 for providing financial assistance to blight elimination, slum clearance, redevelopment, and urban renewal projects under ss. 66.405 to 66.425, 66.43, 66.431, 66.4325, 66.435 and 66.46.

Requestor

Comptroller

Drafter

TEH:kef

November 10, 2000

1035-2000011

34665