Loading...
CCR1996034Alderman Sanders inlroduced the fcliowing resolution and moved its adoption: RESOLLITKIN NO. 34-96 RESOLUTION AUTHORIZIXG EHLERS .4h’ASSOCJATES, INC. TO SOLICIT COMPETITIVE PROPOSALS FOR NOT TO EXCEED $5,900,000 SEWERAGE SYSTEM REVENUE BONDS OF THE CITY OF MUSKEGO. WISCONSIN WHEREAS, Wisconsin Sratum. Section 66.066 aurhnrizes the City to issue Sewerage System Revenue Bonds; and WHEREAS, the City needs tc finance extensions and improvements to the sewerage system; and WHEREAS, Ehlers and Associates. Inc. is the financial advisor for the City of Muskego; NOW, THEREFORE, BE IT =SOLVED by the Common Council of the City of Muskego, Wisconsin, that Ehlers and Associates, Inc. is authsrized to solicit proposals for the purchase of not to exceed $5,900,000 Sewerage System :Zevmur Bonds of the City of Muskego with the award of said purchase proposal to be considered by the Common Council on February 27,1996. BE IT FURTHER RESOLVED. that Ehlers k Associarcs is authorized to prepare an Official Statement in behalf of the issucr in accordance with Rule ljc2-12 of the General Rules and Regulations. Securities Exchange Act of 1934. The motion for the adoption cf the foregoing resolution was duly seconded by Alderman Rasmussen and upon a vote being taken, the following voted in favor thereof: Aldermen D’Acquisto, Misko, Patterson, Rasmussen, Salentine, Sanders, and Suhr and the following voted against the same: None whereupon said resolution u’as declarm:d passed and adopted. Adopted this day of January, 1996.