CCR1998011Alderperson Salentine introduced the following resolution and moved its adoption:
RESOLUTION NO. 11-98
RESOLUTION AUTHORIZING EHLERS AND ASSOCIATES, INC.
TO SOLICIT COMPETITIVE PROPOSALS FOR NOT TO EXCEED
$2,300,000 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 the construction of a new library, 1998 Capital projects
and 1998 water projects; and
WHEREAS, Ehlers and Associates, Inc. is the financial 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 $2,300,000 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 thereof:
Patlevson. Pionek, Salentine, Sanders, Slocomb, and Woodard
and the following voted against the same: None
whereupon said resolution was declared passed and adopted.
Adopted this 13'h day of January, 1998.
David J%-k~gelis, Mayor
Attest:
K. 2nd
, City Clerk-Treasurer