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File #: 151229    Version: 0
Type: Resolution Status: Passed
File created: 12/15/2015 In control: FINANCE & PERSONNEL COMMITTEE
On agenda: Final action: 1/19/2016
Effective date:    
Title: Resolution authorizing the sale and issuance of general obligation bonds in the aggregate amount of $4,377,000 for bridges.
Sponsors: THE CHAIR
Indexes: BONDS, GOVERNMENT
Attachments: 1. Comptroller Letter, 2. Fiscal Impact Statement, 3. Hearing Notice List, 4. Notice Published on 2-2-16

Number

151229

 

Version

ORIGINAL

 

Reference

 

Sponsor

THE CHAIR

 

Title

Resolution authorizing the sale and issuance of general obligation bonds in the aggregate amount of $4,377,000 for bridges.

 

Analysis

Resolution authorizes the issuance and sale of general obligation bonds for bridges, in the amount of $4,377,000.

 

Body

Whereas, The 2016 budget of the City of Milwaukee adopted by the Common Council contemplates the issuance of general obligation bonds in the aggregate amount of $4,377,000 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 $4,377,000 for bridges.

 

Requestor

Comptroller

 

Drafter

Richard Li/Sharon Kraft

 

PD-8231aW.rtf