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File #: 181341    Version: 0
Type: Resolution Status: Passed
File created: 12/18/2018 In control: COMMON COUNCIL
On agenda: Final action: 1/14/2019
Effective date:    
Title: Resolution authorizing the sale and issuance of general obligation bonds in the aggregate amount of $11,000,000 for street lighting.
Sponsors: THE CHAIR
Indexes: BONDS, STREET LIGHTING
Attachments: 1. Schedule of 2019 Borrowing, 2. Comptroller Letter, 3. Fiscal Note, 4. Proof of Publication

Number

181341

 

Version

ORIGINAL

 

Reference

 

Sponsor

THE CHAIR

 

Title

Resolution authorizing the sale and issuance of general obligation bonds in the aggregate amount of $11,000,000 for street lighting.

Analysis

Resolution authorizes the issuance and sale of general obligation bonds for street lighting, in the amount of $11,000,000.

 

Body

Whereas, The 2019 budget of the City of Milwaukee adopted by the Common Council contemplates the issuance of general obligation bonds in the aggregate amount of $11,000,000 for street lighting; 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 $11,000,000 for street lighting.

 

Requestor

Comptroller

 

Drafter

Richard Li

12/1/18

 

PD-8448bW.rtf