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CCR1997132Alderperson D'Acquisto introduced the following resolution and moved its adoption: RESOLUTION NO. 132-97 RESOLUTION AUTHORIZING EHLERS AND ASSOCIATES, INC. TO SOLICIT COMPETITIVE PROPOSALS FOR NOT TO EXCEED $1,650,000 GENERAL OBLIGATION PROMISSORY NOTES OF THE CITY OF MUSKEGO, WISCONSIN WHEREAS, Wisconsin Statutes, Section 67.12(12) authorizes the City of Muskego to issue General Obligation Promissory Notes; and WHEREAS, the City needs to finance its 1997 capital budget items and refund outstatnding obligations of the City; and WHEREAS, Ehlers and Associates, Inc. is the fmancial advisor for the City of Muskego; NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Muskego, Waukesha County, Wisconsin, that Ehlers and Associates, Inc. is authorized to solicit competitive proposals for the purchase of not to exceed $1,650,000 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 15~2-12 of the General Rules and Regulations, Securities Exchange Act of 1934. The motion for the adoption of the foregoing resolution was duly seconded by Alderperson Sanders and upon a vote being taken, the following voted in favor thereoE D'Acquisto, Pionek, Salentine, Sanders, Slocomb, and Woodard and the following voted against the same: none whereupon said resolution was declared passed and adopted. Adopted thislotMay of June , 1997, - David DeAngelis, Mayor Attest: