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File #: 071208    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 $21,398,640 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.pdf, 3. hearing notice, 4. Fiscal Analysis, 5. Notice Published on 2-1-08

Number
071208

Version
ORIGINAL

Reference

Sponsor
THE CHAIR

Title
Resolution relating to issuance and sale of general obligation bonds in the aggregate amount of $21,398,640 for buildings for the housing of machinery and equipment.

Analysis
Resolution authorizes the issuance and sale of general obligation bonds in accordance with s. 67.04, Stats., for buildings for the housing of machinery and equipment, in the amount of $21,398,640.

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 $21,398,640 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 authorizes and declares its purpose to issue and sell general obligation bonds in the aggregate amount of $21,398,640 for buildings for the housing of machinery and equipment.

Requestor
Comptroller
Drafter
Comptroller

RSL

PD-7364oR.rtf