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File #: 101080    Version: 0
Type: Resolution Status: Passed
File created: 12/21/2010 In control: FINANCE & PERSONNEL COMMITTEE
On agenda: Final action: 1/19/2011
Effective date:    
Title: Resolution authorizing the sale and issuance of general obligation bonds in the aggregate amount of $2,000,000 for school purposes.
Sponsors: THE CHAIR
Indexes: BUDGET, GENERAL OBLIGATION BONDS, MILWAUKEE PUBLIC SCHOOLS, MUNICIPAL BORROWING
Attachments: 1. Cover Letter, 2. Fiscal Impact Statement, 3. Hearing Notice List, 4. Notice Published on 2-2-11

Number

101080

Version

ORIGINAL

 

Reference

 

Sponsor

THE CHAIR

 

Title

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

Analysis

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

 

Body

Whereas, The 2011 budget of the City of Milwaukee adopted by the Common Council contemplates the issuance of general obligation bonds in the aggregate amount of $2,000,000 for school purposes; 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 $2,000,000 for school purposes.

 

Requestor

Comptroller

 

Drafter

RSL

 

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