Skip to main content
powered help
header-left header-center header-right
File #: 231251    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 $37,000,000 for grants and financing receivables.
Sponsors: THE CHAIR
Indexes: GENERAL OBLIGATION BONDS, GRANTS
Attachments: 1. Comptroller Letter 2024 Borrowing, 2. Fiscal Impact Statement

Number

231251

Version

ORIGINAL

Reference

 

Sponsor

THE CHAIR

Title

Resolution authorizing the sale and issuance of general obligation bonds in the aggregate amount of $37,000,000 for grants and financing receivables.

Analysis

Resolution authorizes the issuance and sale of general obligation bonds for grants and financing receivables, in the amount of $37,000,000.

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 $37,000,000 for grants and financing receivables; 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 $37,000,000 for grants and financing receivables.

 

Requestor

Comptroller

 

Drafter

Joshua Benson

12/1/2023

 

PD-8664pW.rtf