CCR1994048Alderman Patterson introduced the following Resolution and
moved its adoption:
COMMON COUNCIL - CITY OF MUSKEG0
RESOLUTION #48-94
RESOLUTION AUTHORIZING EHLERS AND ASSOCIATES, INC.
TO SOLICIT PROPOSALS FOR NOT TO EXCEED
$2,400,000 GENERAL OBLIGATION PROMISSORY NOTES
OF THE CITY OF MUSKEGO, WISCONSIN
WHEREAS, Wisconsin Statutes, Section 67.12(12) authorizes the
City to issue General Obligation Promissory Notes; and
WHEREAS, the City needs to finance water and sewer improvements,
dam construction and other capital improvements; and
WHEREAS, Ehlers and Associates, Inc. is the financial advisor for
the City of Muskego.
NOW, THEREFORE, BE IT RESOLVED that the Common Council of the
City of Muskego, upon the recommendation of the Finance
Committee, does hereby authorize Ehlers and Associates, Inc. to
solicit proposals for the purchase of not to exceed $2,400,000
General Obligation Promissory Notes of the City of Muskego.
BE IT FURTHER RESOLVED that Ehlers & Associates is authorized to
prepare an Official Statement in behalf of the issuer in
accordance with Rule 15c2-12 of the General Rules and
Regulations, Securities Exchange Act of 1934.
The motion for the adoption of the foregoing Resolution was duly
seconded by Alderman Sanders and upon a vote being taken,
the following voted in favor thereof: Patterson, Dumke, Misko,
the same whereupon said Resolution was declared passed and
Sanders, Schneider, Taube, and Woodard, and no one voted against
adopted.
DATED THIS 8TH DAY OF MARCH , 1994.
SPONSORED BY:
FINANCE COMMITTEE
Ald. Patrick A. Patterson
Ald. Edwin P. Dumke
Ald. David J. Sanders
This is to certify that this is a true and accurate copy of
City of Muskego.
Resolution #48-94 which was adopted bv the Common Council of the
a 3/94 jmb