CCR1997047Resolution No. -97
RESOLUTION PROVIDING FOR THE SALE OF
0 $2,600,000 GENERAL OBLIGATION LIBRARY BONDS
County, Wisconsin (the "City") has adopted an initial resolution
WHEREAQ'-the Common Council of the City of Muskego, Waukesha
authorizing the issuance of general obligation bonds in an amount
not to exceed $2,600,000 for the public purpose of financing
library projects, consisting of the acquisition, renovation and
equipping of property for use as a library;
NOW, THEREFORE, BE IT RESOLVED that:
Section 1. Issuance of Bonds. The City shall issue general
obligation bonds in the amount of $2,600,000 for the purpose
above specified, which bonds shall be designated "General
Obligation Library Bonds" (the "Bonds" ) .
Section 2. Sale of Bonds. The Common Council hereby
At a subsequent meeting, the Common Council shall consider such
authorizes and directs that the Bonds be offered for public sale.
bids for the Bonds as may have been received and take action
thereon.
hereby is directed to publish a Notice of Bond Sale in such
Section 3. Notice of Bond Sale. The City Clerk be and
newspapers and at such times as the City Clerk may determine and
to cause copies of a complete, official Notice of Bond Sale and
other pertinent data to be forwarded to interested bidders as the
City Clerk may determine.
Section 4. Official Statement. The City Clerk shall cause
an Official Statement concerning this issue to be prepared by the
City's financial advisor, Ehlers and Associates, Inc. The
appropriate City officials shall determine when the Official
Statement is final for purposes of Securities and Exchange
Commission Rule 15~2-12 and shall certify said Statement, such
certification to constitute full authorization of such Statement
under this resolution.
Passed this 25th day of March, 1997.
Approved this 25th day of
Mayor
Attest:
K. %k%" City Clerk