powered help
header-left header-center header-right
File #: 221237    Version: 0
Type: Resolution Status: Passed
File created: 12/13/2022 In control: FINANCE & PERSONNEL COMMITTEE
On agenda: Final action: 1/17/2023
Effective date:    
Title: Resolution authorizing the sale and issuance of general obligation bonds in the aggregate amount of $1,763,000 for bridges.
Sponsors: THE CHAIR
Indexes: BRIDGES, GENERAL OBLIGATION BONDS
Attachments: 1. Fiscal Impact Statement, 2. Comptroller Letter 2023 Borrowing, 3. Notice published 2-1-23

Number

221237

 

Version

ORIGINAL

 

Reference

 

Sponsor

THE CHAIR

 

Title

Resolution authorizing the sale and issuance of general obligation bonds in the aggregate amount of $1,763,000 for bridges.

 

Analysis

Resolution authorizes the issuance and sale of general obligation bonds for bridges, in the amount of $1,763,000.

 

Body

Whereas, the 2023 budget of the City of Milwaukee adopted by the Common Council contemplates the issuance of general obligation bonds in the aggregate amount of $1,763,000 for bridges; 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 $1,763,000 for bridges.

 

Requestor

Comptroller

 

Drafter

Joshua Benson

12/5/22

 

PD-8625bW.rtf