CCR1996038Resolution No , q,y- 9~
RESOLUTION AUTHORIZING THE REDEMPTION OF
REVENUE BONDS, SERIES 1973,
SEWERAGE SYSTEM MORTGAGE
DATED AUGUST 1, 1973
WHEREAS, the City of Muskego, Waukesha County, Wisconsin (the
Bonds, Series 1973, dated August 1, 1973 (the "1973 Bonds"); and
"City") has outstanding an issue of Sewerage System Mortgage Revenue
and desirable to call the 1973 Bonds maturing in the years 1996
through 1998 for redemption on May 1, 1996;
WHEREAS, this Common Council has determined that it is necessary
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the city
of Muskego, Waukesha County, Wisconsin, that the 1973 Bonds maturing
in the years 1996 through 1998 are called for prior payment on May 1,
1996 at the price of 101% of par plus accrued interest to the date of
redemption
Bonds to be redeemed to be given by mailing a notice thereof, in
substantially the form attached hereto as Exhibit A, by registered
mail, to (a) the original purchaser of the 1973 Bonds, (b) First Trust
National Association, St Paul, Minnesota, the bank at which the 1973
be redeemed which is registered as to principal at the address shown
Bonds are payable, and (c) the registered owner of each 1973 Bond to
on the bond register of the City The City Clerk shall also cause
notice to be given by publishing a notice thereof, in substantially
of Madison, Wisconsin which customarily publishes such notices All
the form attached hereto as Exhibit A, once in a newspaper of the City
such redemption notices shall be given no later than March 31, 1996
The City Clerk shall cause timely notice of the call of the 1973
the paragraph above, the City Clerk shall cause further notice of the
In addition to the official notice of redemption provided for in
redemption of the 1973 Bonds to be redeemed to be given on behalf of
holding substantial amounts of obligations of types such as the 1973
the City to all registered securities depositories in the business of
Bonds (such depositories being Depository Trust Company of New York,
New York, Midwest Securities Trust Company of Chicago, Illinois and
Shiladelphia Depository Trust Company of Philadelphia, Pennsylvania)
and to one or more national information services that disseminate
notices of redemption of obligations such as the 1973 Bonds. Each
further notice of redemption shall be sent by registered or certified
mail or overnight delivery service and shall contain the information
set forth in the official notice of redemption provided on Exhibit A,
Passed this/L day of February, 1996 fA ,/
Approved this/L2_ day of 4
Attest
A
002\208793 1