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File #: 141367    Version: 0
Type: Resolution Status: Passed
File created: 12/16/2014 In control: COMMON COUNCIL
On agenda: Final action: 1/21/2015
Effective date:    
Title: Resolution authorizing the sale and issuance of general obligation bonds in the aggregate amount of $8,910,000 for bridges.
Sponsors: THE CHAIR
Indexes: BRIDGES, GENERAL OBLIGATION BONDS
Attachments: 1. Comptroller Letter, 2. Fiscal Impact Statement, 3. 2015 New Borrowing, 4. Hearing Notice List, 5. Notice Published on 2-3-15
Number
141367
Version
ORIGINAL
 
Reference
 
Sponsor
THE CHAIR
 
Title
Resolution authorizing the sale and issuance of general obligation bonds in the aggregate amount of $8,910,000 for bridges.
 
Analysis
Resolution authorizes the issuance and sale of general obligation bonds for bridges, in the amount of $8,910,000.
 
Body
Whereas, The 2015 budget of the City of Milwaukee adopted by the Common Council contemplates the issuance of general obligation bonds in the aggregate amount of $8,910,000 for bridges; 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 $8,910,000 for bridges.
 
Requestor
Comptroller
 
Drafter
Richard Li/Diane Marek
12/10/14
PD-8158gW.rtf