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File #: 071204    Version: 0
Type: Resolution Status: Passed
File created: 12/11/2007 In control: FINANCE & PERSONNEL COMMITTEE
On agenda: Final action: 1/15/2008
Effective date:    
Title: Resolution relating to issuance and sale of general obligation bonds in the aggregate amount of $760,000 for construction of engine houses, and for pumps, water mains, reservoirs and all other reasonable facilities for fire protection apparatus or equipment for fire protection.
Sponsors: THE CHAIR
Indexes: BUDGET, FIRE DEPARTMENT, FIRE STATIONS, GENERAL OBLIGATION BONDS, MUNICIPAL BORROWING, WATER MAINS
Attachments: 1. Comptroller's Cover Letter.pdf, 2. Fiscal Note.pdf, 3. hearing notice, 4. Fiscal Analysis, 5. Notice Published on 2-1-08

Number
071204

Version
ORIGINAL

Reference

Sponsor
THE CHAIR

Title
Resolution relating to issuance and sale of general obligation bonds in the aggregate amount of $760,000 for construction of engine houses, and for pumps, water mains, reservoirs and all other reasonable facilities for fire protection apparatus or equipment for fire protection.

Analysis
Resolution authorizes the issuance and sale of general obligation bonds in accordance with s. 67.04, Stats., for construction of engine houses, and for pumps, water mains, reservoirs and all other reasonable facilities for fire protection apparatus or equipment for fire protection, in the amount of $760,000.

Body
Whereas, The 2008 budget of the City of Milwaukee adopted by the Common Council contemplates the issuance of general obligation bonds in the aggregate amount of $760,000 for construction of engine houses, and for pumps, water mains, reservoirs and all other reasonable facilities for fire protection apparatus or equipment for fire protection; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee, that it hereby authorizes and declares its purpose to issue and sell general obligation bonds in the aggregate amount of $760,000 for construction of engine houses, and for pumps, water mains, reservoirs and all other reasonable facilities for fire protection apparatus or equipment for fire protection.

Requestor
Comptroller
Drafter
Comptroller

RSL

PD-7364kR.rtf