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File #: 141382    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 $10,736,000 for water systems.
Sponsors: THE CHAIR
Indexes: GENERAL OBLIGATION BONDS, WATER WORKS
Attachments: 1. Comptroller Letter, 2. Fiscal Impact Statement, 3. 2015 New borrowing, 4. Hearing Notice List, 5. Notice Published on 2-3-15
Number
141382
Version
ORIGINAL
 
Reference
 
Sponsor
THE CHAIR
 
Title
Resolution authorizing the sale and issuance of general obligation bonds in the aggregate amount of $10,736,000 for water systems.
 
Analysis
Resolution authorizes the issuance and sale of general obligation bonds for water systems, in the amount of $10,736,000.
 
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 $10,736,000 for water systems; 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 $10,736,000 for water systems.
 
Requestor
Comptroller
 
Drafter
Comptroller
Richard Li/Diane Marek
12/10/14
PD-8158vW.rtf