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File #: 060994    Version:
Type: Resolution Status: Passed
File created: 11/14/2006 In control: FINANCE & PERSONNEL COMMITTEE
On agenda: Final action: 12/12/2006
Effective date:    
Title: Substitute resolution authorizing the sale and issuance of general obligation bonds for buildings for the housing of machinery and equipment.
Sponsors: THE CHAIR
Indexes: BUDGET, GENERAL OBLIGATION BONDS, MUNICIPAL BORROWING, PUBLIC BUILDINGS
Attachments: 1. Comptroller's Cover Letter.pdf, 2. Fiscal Note, 3. Exhibit A, 4. Fiscal Analysis, 5. Notice Published on 1-8-07.PDF

Number

060994

Version

SUBSTITUTE 1

Reference

 

Sponsor

THE CHAIR

 

Title

Substitute resolution authorizing the sale and issuance of general obligation bonds for buildings for the housing of machinery and equipment.

 

Analysis

Resolution authorizing issuance and sale of $28,209,700 of general obligation bonds for buildings for the housing of machinery and equipment.

 

Body

Whereas, The 2007 Budget of the City of Milwaukee adopted by the Common Council contemplates the issuance of general obligation bonds in the aggregate amount of $28,209,700 for buildings for the housing of machinery and equipment; 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 aggregate amount of $28,209,700 for buildings for the housing of machinery and equipment.

 

Requestor

Comptroller

Drafter

Comptroller

RSL

PD-7228d1W.doc