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File #: 171346    Version: 0
Type: Resolution Status: Passed
File created: 12/19/2017 In control: COMMON COUNCIL
On agenda: Final action: 1/17/2018
Effective date:    
Title: Resolution authorizing the sale and issuance of general obligation bonds in the aggregate amount of $32,500,000 for sewerage.
Sponsors: THE CHAIR
Indexes: BONDS, GOVERNMENT
Attachments: 1. Fiscal Note, 2. Comptroller Letter, 3. Hearing Notice List, 4. Notice Published on 1-31-18

Number

171346

 

Version

ORIGINAL

 

Reference

 

Sponsor

THE CHAIR

 

Title

Resolution authorizing the sale and issuance of general obligation bonds in the aggregate amount of $32,500,000 for sewerage.
Analysis

Resolution authorizes the issuance and sale of general obligation bonds for sewerage, in the amount of $32,500,000.

Body

Whereas, The 2018 budget of the City of Milwaukee adopted by the Common Council contemplates the issuance of general obligation bonds in the aggregate amount of $32,500,000 for sewerage; 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 $32,500,000 for sewerage.

 

Requestor

Comptroller

 

Drafter

Richard Li

December 7, 2017

 

PD-8396eW.rtf