Number
020224
Version
SUBSTITUTE 1
Reference
Sponsor
ALD. MURPHY
Title
Substitute resolution authorizing creation of and membership in the Wisconsin Municipalities Private School Finance Commission by the City of Milwaukee, Wisconsin.
Analysis
This substitute resolution authorizes the City to join with another Wisconsin municipality in creating an Intergovernmental Cooperation Commission for the financing of private primary and secondary schools; and approves and authorizes the execution and delivery of a Charter-Contract to establish the commission.
Body
Whereas, Section 66.0301 of the Wisconsin Statutes authorizes a municipality to contract with one or more other municipalities for the joint exercise of any power or duty authorized or required by law and for the creation of a commission that can finance regional projects under Section 66.0621 of the Wisconsin Statutes; and
Whereas, The City of Milwaukee, Wisconsin (hereinafter the “City”) desires to create, together with another municipality in the State of Wisconsin, an Intergovernmental Cooperation Commission (hereinafter, the “Commission”), the function of which will be to assist in the financing of private regional educational and related facilities; and
Whereas, The Commission will be authorized from time to time to issue revenue obligations pursuant to the provisions of Sections 66.0301 and 66.0621 of the Wisconsin Statutes (the “Bonds”) in its name, on behalf of and at the behest of the member municipalities to finance any such facilities owned by the Commission and operated for a public purpose; and
Whereas, The City and the Commission will assist in the financing of such educational facilities without discrimination based upon the religious affiliation (or lack thereof) of the operator of the facilities or upon the religious content (or lack thereof) of the curriculum or other programs; and
Whereas, The Common Council has reviewed the proposed form of Intergovernmen...
Click here for full text