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File #: 211325    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 $664,000 for libraries.
Sponsors: THE CHAIR
Indexes: GENERAL OBLIGATION BONDS, LIBRARIES
Attachments: 1. Fiscal Impact Statement, 2. Comptroller Letter 2022 Borrowing, 3. Notice published 2-2-2022

Number

211325

 

Version

ORIGINAL

 

Reference

 

Sponsor

THE CHAIR

 

Title

Resolution authorizing the sale and issuance of general obligation bonds in the aggregate amount of $664,000 for libraries.

 

Analysis

Resolution authorizes the issuance and sale of general obligation bonds for libraries, in the amount of $664,000.

 

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 $664,000 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 $664,000 for libraries.

 

Requestor

Comptroller

 

Drafter

Joshua Benson

12/6/21

 

PD-8595lW.rtf