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File #: 161116    Version: 0
Type: Resolution Status: In Committee
File created: 12/13/2016 In control: FINANCE & PERSONNEL COMMITTEE
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 $21,062,000 for buildings for the housing of machinery and equipment.
Sponsors: THE CHAIR
Indexes: GENERAL OBLIGATION BONDS
Attachments: 1. Comptroller Letter, 2. Fiscal Impact Statement, 3. Hearing Notice List, 4. Notice Published 2-1-17

Number

161116

 

Version

ORIGINAL

 

Reference

 

Sponsor

THE CHAIR

 

Title

Resolution authorizing the sale and issuance of general obligation bonds in the aggregate amount of $21,062,000 for buildings for the housing of machinery and equipment.

Analysis

Resolution authorizes the issuance and sale of general obligation bonds for buildings for the housing of machinery and equipment, in the amount of $21,062,000.

 

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 $21,062,000 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 sell and issue general obligation bonds in the aggregate amount of $21,062,000 for buildings for the housing of machinery and equipment.

 

Requestor

Comptroller

 

Drafter

Richard Li

 

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