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CCR1997049AMENDED Resolution No. 49-97 $2,720,000 GENERAL OBLIGATION PROMISSORY NOTES RESOLUTION PROVIDING FOR THE SALE OF (the "City") is in need of the sum of $2,720,000 for public WHEREAS the City of Muskego, Waukesha County, Wisconsin purposes, including paying the costs of street improvements, the community center project, general fund projects included in the City's 1997 Capital Budget, and refunding obligations of the City, including interest on them; and obligation promissory notes for such purposes pursuant to the provisions of Section 67.12(12), Wisconsin Statutes; WHEREAS it is necessary and desirable to issue general NOW, THEREFORE, BE IT RESOLVED that: General Obliqation Promissory Notes (the "Notes") in the Section 1. Issuance of Notes. The City shall issue its principal amount of $2,720,060 for the purposes specified above. authorizes and directs that the Notes be offered for public Section 2. Sale of Notes. The Common Council hereby sale. At a subsequent meeting, the Common Council shall consider such bids for the Notes as may have been received and take action thereon. 0 Section 3. Notice of Sale. The City Clerk be and hereby is directed to Dublish a Notice of Note Sale in such newspapers and at such times as the City Clerk may determine and to cake pertinent data to be forwarded to interested bidders as the City copies of a complete, official Notice of Note Sale and other Clerk may determine. Section 4. Official Statement. The City Clerk shall cause an Official Statement concerninq this issue to be prepared by the City's financial advisor, Ehlers and Associates, Inc. The appropriate City officials shall determine when the Official Commission Rule 15~2-12 and shall certify said Statement, such Statement is final for purposes of Securities and Exchange certification to constitute full authorization of such Statement under this resolution. " Passed this 25th day of March, 1997. Approved this 25th day of Attest: Ci Clerk 1 Resolution No. -7 RESOLUTION PROVIDING FOR THE SALE OF $2,700,000 GENERAL OBLIGATION PROMISSORY NOTES :e "City") is in need of the sum of $2,700,000 for public purposes, center project, general fund projects included in the City's 1997 including paying the costs of street improvements, the community Capital Budget, and refunding obligations of the City, including interest on them; and WHEREAS the City of Muskego, Waukesha County, Wisconsin (the obligation promissory notes for such purposes pursuant to the provisions of Section 67.12(12), Wisconsin Statutes; WHEREAS it is necessary and desirable to issue general NOW, THEREFORE, BE IT RESOLVED that: Section 1. Issuance of Notes. The City shall issue its General Obligation Promissory Notes (the "Notes") in the principal amount of $2,700,000 for the purposes specified above. Section 2. Sale of Notes. The Common Council hereby At a subsequent meeting, the Common Council shall consider such authorizes and directs that the Notes be offered for public sale. bids for the Notes as may have been received and take action thereon. m directed to publish a Notice of Note Sale in such newsDaDers and Section 3. Notice of Sale. The City Clerk be and hereby is W at such times as the City Clerk may determine and to cau'se copies of a complete, official Notice of Note 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 appropriate City officials shall determine when the Official City's financial advisor, Ehlers and Associates, Inc. The Commission Rule 15c2-12 and shall certify said Statement, such Statement is final for purposes of Securities and Exchange certification to constitute full authorization of such Statement under this resolution. Passed this 25th day of March, 1997. Approved this 25th day of March, 1997. Attest: e City Clerk Mayor QB2\289479.1