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File #: 161106    Version: 0
Type: Resolution Status: Passed
File created: 12/13/2016 In control: COMMON COUNCIL
On agenda: Final action: 1/18/2017
Effective date:    
Title: Resolution authorizing the sale and issuance of general obligation bonds in the aggregate amount of $25,814,000 for street improvements.
Sponsors: THE CHAIR
Indexes: GENERAL OBLIGATION BONDS, STREET IMPROVEMENTS
Attachments: 1. Comptroller Letter, 2. Fiscal Impact Statement, 3. Hearing Notice List, 4. Notice Published 2-1-17

Number

161106

Version

ORIGINAL

 

Reference

 

Sponsor

THE CHAIR

 

Title

Resolution authorizing the sale and issuance of general obligation bonds in the aggregate amount of $25,814,000 for street improvements.

Analysis

Resolution authorizes the issuance and sale of general obligation bonds for street improvements, in the amount of $25,814,000.

 

Body

Whereas, the 2017 budget of the City of Milwaukee adopted by the Common Council contemplates the issuance of general obligation bonds in the aggregate amount of $25,814,000 for street improvements; 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 $25,814,000 for street improvements.

 

Requestor

Comptroller

 

Drafter

Richard Li

 

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