City of Milwaukee - File #: 991330

• File #: 991330
• Version: 0
• Type: Resolution
• Status: Passed
• File created: 11/29/1999
• In control: FINANCE & PERSONNEL COMMITTEE
• Final action: 12/17/1999
• Title: Resolution relating to the issuance and sale of general obligation bonds in the amount of $8,000,000 for a project undertaken for a public purpose, to-wit; for paying project costs in accordance with project plans for tax incremental districts and providing financial assistance to urban renewal projects authorized under s. 66.045. (Comptroller)
• Sponsors: THE CHAIR
• Indexes: BUDGET, GENERAL OBLIGATION BONDS, TAX INCREMENTAL DISTRICTS

Date	Ver.	Action By	Action	Result	Tally
12/21/1999	0	MAYOR	SIGNED
12/17/1999	0	COMMON COUNCIL	ADOPTED	Pass	17:0
12/15/1999	0	FINANCE & PERSONNEL COMMITTEE	RECOMMENDED FOR ADOPTION	Pass	5:0
12/6/1999	0	FINANCE & PERSONNEL COMMITTEE	HEARING NOTICES SENT
11/30/1999	0	FINANCE & PERSONNEL COMMITTEE	REFERRED TO
11/29/1999	0	COMMON COUNCIL	ASSIGNED TO

NUMB:

991330

VERS:

ORIGINAL

REF:

981254

XXBY:

THE CHAIR

TITL:

Resolution relating to the issuance and sale of general obligation bonds in the amount of $8,000,000 for a project undertaken for a public purpose, to-wit; for paying project costs in accordance with project plans for tax incremental districts and providing financial assistance to urban renewal projects authorized under s. 66.045. (Comptroller)

ANLS:

This resolution authorizes the issuance and sale of general obligation bonds in accordance with sec. 67.04, Stats., for a project undertaken for a public purpose, to-wit; for paying project costs in accordance with project plans for tax incremental districts and providing financial assistance to urban renewal projects authorized under s. 66.045 in the amount of $8,000,000.

BODY:

Whereas, The 2000 budget of the City of Milwaukee adopted by the Common Council contemplates the issuance of general obligation bonds in the amount of $8,000,000 for a project undertaken for a public purpose, to-wit; for paying project costs in accordance with project plans for tax incremental districts and providing financial assistance to urban renewal projects authorized under s. 66.045; 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 $8,000,000 for a project undertaken for a public purpose, to-wit; for paying project costs in accordance with project plans for tax incremental districts and providing financial assistance to urban renewal projects authorized under s. 66.045.

ZDPT:

Comptroller

DFTR:

City Attorney

#14901

Date: 10/26/99