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File #: 061001    Version:
Type: Resolution Status: Passed
File created: 11/14/2006 In control: FINANCE & PERSONNEL COMMITTEE
On agenda: Final action: 12/12/2006
Effective date:    
Title: Substitute resolution authorizing the sale and issuance of general obligation bonds for street lighting and street improvements.
Sponsors: THE CHAIR
Indexes: BUDGET, GENERAL OBLIGATION BONDS, MUNICIPAL BORROWING, STREET IMPROVEMENTS, STREET LIGHTING
Attachments: 1. Comptroller's Cover Letter.pdf, 2. Fiscal Note, 3. Cover letter for various files, 4. Exhibit A, 5. Fiscal Analysis, 6. Notice Published on 1-8-07.PDF

Number

061001

Version

SUBSTITUTE 1

Reference

 

Sponsor

THE CHAIR

 

Title

Substitute resolution authorizing the sale and issuance of general obligation bonds for street lighting and street improvements.

 

Analysis

Resolution authorizing the issuance and sale of $11,436,790 of general obligation bonds for street lighting and street improvements.

 

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 $11,436,790 for street lighting and street improvements; 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 $11,436,790 for street lighting and street improvements.

 

Requestor

Comptroller

Drafter

Comptroller

RSL

PD-7228k1W.doc