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File #: 021358    Version: 0
Type: Resolution Status: Passed
File created: 12/20/2002 In control: FINANCE & PERSONNEL COMMITTEE
On agenda: Final action: 1/22/2003
Effective date:    
Title: Resolution relating to issuance and sale of general obligation bonds in the amount of $14,000,000 for paying project costs in accordance with project plans for tax incremental districts under s. 66.1105. (Comptroller)
Sponsors: THE CHAIR
Indexes: BUDGET, GENERAL OBLIGATION BONDS, PLANNING, TAX INCREMENTAL DISTRICTS
Attachments: 1. 021358FISCAL NOTE.pdf, 2. Comptroller's Letter.pdf, 3. Fiscal Review Analysis.pdf

Number

021358

Version

ORIGINAL

Reference

 

Sponsor

THE CHAIR

Title

 

Resolution relating to issuance and sale of general obligation bonds in the amount of $14,000,000 for paying project costs in accordance with project plans for tax incremental districts under s. 66.1105.  (Comptroller)

 

Analysis

Resolution authorizing the issuance and sale of general obligation bonds in accordance with s. 67.04, Stats., for paying project costs in accordance with project plans for tax incremental districts under s. 66.1105 in the amount of $14,000,000.

Body

Whereas, The 2003 budget of the City of Milwaukee adopted by the Common Council contemplates the issuance of general obligation bonds in the amount of $14,000,000 for paying project costs in accordance with project plans for tax incremental districts under s. 66.1105; 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 amount of $14,000,000 for paying project costs in accordance with project plans for tax incremental districts under s. 66.1105.

Requestor

Comptroller

Drafter

City Attorney

TEH:kef:12/3/02

1035-2003-3562:60579