Number
141385
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 2015 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
Comptroller
Richard Li/Diane Marek
12/10/14
PD-8158yW.rtf