City of Milwaukee - File #: 161121

• File #: 161121
• Version: 0
• Type: Resolution
• Status: Passed
• File created: 12/13/2016
• In control: FINANCE & PERSONNEL COMMITTEE
• Final action: 1/18/2017
• Title: Resolution authorizing the sale and issuance of general obligation bonds in the aggregate amount of $37,000,000 for grants and financing receivables.
• Sponsors: THE CHAIR
• Indexes: GENERAL OBLIGATION BONDS, GRANTS

Date	Ver.	Action By	Action	Result	Tally
1/26/2017	0	MAYOR	SIGNED
1/18/2017	0	COMMON COUNCIL	ADOPTED	Pass	14:0
1/11/2017	0	FINANCE & PERSONNEL COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Individual appearing: Richard Li, Comptroller's Office	Pass	4:0
1/6/2017	0	FINANCE & PERSONNEL COMMITTEE	HEARING NOTICES SENT
12/13/2016	0	COMMON COUNCIL	ASSIGNED TO

Number

161121

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 2017 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

Richard Li

PD-8321wW.rtf