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File #: 211321    Version: 0
Type: Resolution Status: Passed
File created: 12/14/2021 In control: COMMON COUNCIL
On agenda: Final action: 1/18/2022
Effective date:    
Title: Resolution authorizing the sale and issuance of general obligation bonds in the aggregate amount of $450,000 for construction of engine houses, and for pumps, water mains, reservoirs and all other reasonable facilities for fire protection apparatus or equipment for fire protection.
Sponsors: THE CHAIR
Indexes: FIRE DEPARTMENT, GENERAL OBLIGATION BONDS
Attachments: 1. Fiscal Impact Statement, 2. Comptroller Letter 2022 Borrowing, 3. Notice published 2-2-2022

Number

211321

 

Version

ORIGINAL

 

Reference

 

Sponsor

THE CHAIR

 

Title

Resolution authorizing the sale and issuance of general obligation bonds in the aggregate amount of $450,000 for construction of engine houses, and for pumps, water mains, reservoirs and all other reasonable facilities for fire protection apparatus or equipment for fire protection.

 

Analysis

Resolution authorizes the issuance and sale of general obligation bonds for construction of engine houses, and for pumps, water mains, reservoirs and all other reasonable facilities for fire protection apparatus or equipment for fire protection, in the amount of $450,000.

 

Body

Whereas, the 2022 budget of the City of Milwaukee adopted by the Common Council contemplates the issuance of general obligation bonds in the aggregate amount of $450,000 for construction of engine houses, and for pumps, water mains, reservoirs and all other reasonable facilities for fire protection apparatus or equipment for fire protection; 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 $450,000 for construction of engine houses, and for pumps, water mains, reservoirs and all other reasonable facilities for fire protection apparatus or equipment for fire protection.

 

Requestor

Comptroller

 

Drafter

Joshua Benson

12/6/21

 

PD-8595hW.rtf