powered help
header-left header-center header-right
File #: 111099    Version: 0
Type: Resolution Status: Passed
File created: 11/30/2011 In control: FINANCE & PERSONNEL COMMITTEE
On agenda: Final action: 12/20/2011
Effective date:    
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: BUDGET, COMMUNITY BLOCK GRANT ADMINISTRATION, GENERAL OBLIGATION BONDS, GRANTS
Attachments: 1. Fiscal Impact Statement, 2. Cover Letter, 3. Hearing Notice List
Number
111099
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 2012 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
RSL
11/29/11
PD-7879yW.rtf