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File #: 181351    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 $2,150,000 for libraries.
Sponsors: THE CHAIR
Indexes: BONDS, LIBRARIES
Attachments: 1. Comptroller Letter, 2. Schedule of 2019 Borrowing, 3. Fiscal Note, 4. Proof of Publication

Number

181351

 

Version

ORIGINAL

 

Reference

 

Sponsor

THE CHAIR

 

Title

Resolution authorizing the sale and issuance of general obligation bonds in the aggregate amount of $2,150,000 for libraries.

Analysis

Resolution authorizes the issuance and sale of general obligation bonds for libraries, in the amount of $2,150,000.

 

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 $2,150,000 for libraries; 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 $2,150,000 for libraries.

 

Requestor

Comptroller

 

Drafter

Richard Li

12/1/18

 

PD-8448lW.rtf