NUMB:
981134
VERS:
ORIGINAL
REF:
XXBY:
THE CHAIR
TITL:
Resolution relating to the issuance and sale of general obligation bonds in the amount of $4,214,988 for a project undertaken for a public purpose, to-wit; to finance public improvements in anticipation of special assessments levied against property. (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; to finance public improvements in anticipation of special assessments levied against property in the amount of $4,214,988.
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 $4,214,988 for a project undertaken for a public purpose, to-wit; to finance public improvements in anticipation of special assessments levied against property; 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 $4,214,988 for a project undertaken for a public purpose, to-wit; to finance public improvements in anticipation of special assessments levied against property.
ZDPT:
Comptroller
DFTR:
City Attorney
#14899
Date: 10/19/98