City of Milwaukee - File #: 200851

• File #: 200851
• Version: 0
• Type: Resolution
• Status: Passed
• File created: 10/13/2020
• In control: COMMON COUNCIL
• Final action: 11/4/2020
• Title: Resolution to authorize up to $4,000,000.00 of contingent borrowing to fund settlement of the claims raised by the plaintiff Estate of Sylville K. Smith, Mildred Haynes, and Patrick Smith, in the lawsuit entitled Estate of Sylville K. Smith, et al. v. City of Milwaukee, et al., Case No. 17-CV-862-LA.
• Sponsors: THE CHAIR
• Indexes: POLICE DEPARTMENT, SUITS SETTLEMENT

Date	Ver.	Action By	Action	Result	Tally
11/6/2020	0	MAYOR	SIGNED
11/4/2020	0	COMMON COUNCIL	ADOPTED	Pass	14:1
10/28/2020	0	FINANCE & PERSONNEL COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Appearing: Miriam Horwitz, Deputy City Attorney Naomi Gehling, City Attorney's Office	Pass	5:0
10/13/2020	0	COMMON COUNCIL	ASSIGNED TO

Number
200851
Version
ORIGINAL
Reference

Sponsor
THE CHAIR
Title
Resolution to authorize up to $4,000,000.00 of contingent borrowing to fund settlement of the claims raised by the plaintiff Estate of Sylville K. Smith, Mildred Haynes, and Patrick Smith, in the lawsuit entitled Estate of Sylville K. Smith, et al. v. City of Milwaukee, et al., Case No. 17-CV-862-LA.

Analysis
Common Council File Number 200850 authorizes the settlement of claims against the City of Milwaukee and its police officer in the lawsuit entitled Estate of Sylville K. Smith, et al. v. City of Milwaukee, et al., Case No. 17-CV-862-LA. The City will fund the settlement using Contingent Borrowing.

Body
Whereas, Common Council File Number 200850 authorizes the settlement of claims against the City of Milwaukee and its police officer in the lawsuit entitled Estate of Sylville K. Smith, et al. v. City of Milwaukee, et al., Case No. 17-CV-862-LA; and

Whereas, the agreed-upon $4,000,000.00settlement amount exceeds the available balance in the Damages and Claims Fund Special Purpose Account (001-1490-S118-006300); and

Whereas, the 2020 Budget of the City of Milwaukee authorized $200,000,000 of Contingent Borrowing for purposes not contemplated at the time the budget was adopted; and

Whereas, Resolution File Number 191403 authorized the issuance of general obligation promissory notes for various public purposes, including Contingent Borrowing as may be authorized from time to time; and

Whereas, The City desires to use up to $4,000,000.00 dollars of Contingent Borrowing to fund settlement of the above-noted lawsuit; now therefore, be it

Resolved, By the Common Council of the City of Milwaukee, that up to $4,000,000.00 of Contingent Borrowing for Damages and Claims is authorized to be issued and the proceeds used to fund settlement of the claims raised by the plaintiff in the lawsuit; and be it

Further Resolved, That the debt may be issued as Notes pursuant to Resolution Number 191403...