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File #: 981131    Version:
Type: Resolution Status: Passed
File created: 11/13/1998 In control: FINANCE & PERSONNEL COMMITTEE
On agenda: Final action: 11/24/1998
Effective date:    
Title: Substitute resolution relating to the issuance and sale of general obligation bonds in the amount of $21,915,000 for a project undertaken for a public purpose, to-wit; for sewage disposal - sewer improvement and construction. (Comptroller)
Sponsors: THE CHAIR
Indexes: BUDGET, GENERAL OBLIGATION BONDS, SEWER IMPROVEMENTS, SEWERS
NUMB:
981131
VERS:
SUBSTITUTE 1
REF:
 
XXBY:
THE CHAIR
TITL:
Substitute resolution relating to the issuance and sale of general obligation bonds in the amount of $21,915,000 for a project undertaken for a public purpose, to-wit; for sewage disposal - sewer improvement and construction. (Comptroller)
ANLS:
Analysis
 
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 sewage disposal - sewer improvement and construction in the amount of $,21,915,000.
BODY:
WHEREAS, The 1999 budget of the City of Milwaukee adopted by the Common Council contemplates the issuance of general obligation bonds in the amount of $21,915,000 for a project undertaken for a public purpose, to-wit; for sewage disposal - sewer improvement and construction; 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 $21,915,000 for a project undertaken for a public purpose, to-wit; for sewage disposal - sewer improvement and construction.
ZDPT:
Comptroller
DFTR:
City Attorney
#14889
Date: 11/17/98