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File #: 131233    Version: 0
Type: Resolution Status: Passed
File created: 12/17/2013 In control: FINANCE & PERSONNEL COMMITTEE
On agenda: Final action: 1/22/2014
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: GENERAL OBLIGATION BONDS, GRANTS, MUNICIPAL FINANCE
Attachments: 1. Comptroller Letter, 2. Fiscal Note, 3. Hearing Notice List
Number
131233
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 2013 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
 
PD-8068yW.rtf