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File #: 051145    Version: 0
Type: Resolution Status: Passed
File created: 12/13/2005 In control: FINANCE & PERSONNEL COMMITTEE
On agenda: Final action: 1/18/2006
Effective date:    
Title: Resolution relating to the issuance and sale of general obligation bonds in the amount of $19,151,639 for financing public improvements in anticipation of special assessments levied against property. (Comptroller)
Sponsors: THE CHAIR
Indexes: BUDGET, GENERAL OBLIGATION BONDS, MUNICIPAL BORROWING, PUBLIC IMPROVEMENTS, SPECIAL ASSESSMENTS
Attachments: 1. Comptroller's Cover Letter.pdf, 2. Fiscal Note.pdf, 3. Fiscal Analysis, 4. Notice Published on 1-31-06.PDF

Number
051145
Version
ORIGINAL
Reference

Sponsor
THE CHAIR
Title
Resolution relating to the issuance and sale of general obligation bonds in the amount of $19,151,639 for financing public improvements in anticipation of special assessments levied against property. (Comptroller)
Analysis
Resolution authorizing the issuance and sale of general obligation bonds in accordance with s. 67.04, Stats., for financing public improvements in anticipation of special assessments levied against property in the amount of $19,151,639.
Body
Whereas, The 2006 budget of the City of Milwaukee adopted by the Common Council contemplates the issuance of general obligation bonds in the amount of $19,151,639 for financing 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 $19,151,639 for financing public improvements in anticipation of special assessments levied against property.
Requestor
Comptroller
Drafter
Comptroller

RSL

PD-7089aW.doc