This resolution certifies that the City of Milwaukee can sell and issue obligations and declares the City's official intent to be reimbursed from the proceeds of these obligations. It pertains to obligations issued under recent or forthcoming City borrowing resolutions. The resolution facilitates the City's public debt management process.
Certification that obligations can be sold and issued, and declaring official intent to be reimbursed from proceeds of obligations issued under City borrowing resolutions recently adopted or to be considered for adoption by the Common Council.
What it does
- 1Certification that obligations can be sold and issued by the City.
- 2Declaration of official intent to reimburse expenditures from proceeds of issued obligations.
- 3Applies to obligations under recently adopted or to be considered borrowing resolutions.
This resolution certifies that the City of Milwaukee can sell and issue obligations and declares the City's official intent to be reimbursed from the proceeds of these obligations. It pertains to obligations issued under recent or forthcoming City borrowing resolutions. The resolution facilitates the City's public debt management process.
Activity timeline
- Status changedImpact 50
260675: In Committee → Passed
Legislative history
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