CCR2002215RESOLUTION NO. 215-2002
RESOLUTION PROVIDING FOR THE SALE OF 54,100,000
GENERAL OBLIGATION CORPORATE PURPOSE BONDS
WHEREAS the Common Council of the City of Muskego, Waukesha County,
Wisconsin (the "City") has adopted initial resolutions ("Initial Resolutions") authorizing
the issuance of general obligation bonds for the following public purposes and in the
following amounts: $2,085,000 to finance street improvement projects; $950,000 to
finance sewerage projects, consisting of storm sewer improvements; and $1,065,000 to
finance improvements to parks and public grounds.
NOW, THEREFORE, BE IT RESOLVED that:
1 The City shall issue the general obligation bonds authorized pursuant to the
Initial Resolutions as a single issue of bonds in the principal amount of $4,100,000 for
the purposes above specified, which bonds shall be designated "General Obligation
Corporate Purpose Bonds" (the "Bonds").
2. The Common Council hereby authorizes and directs that the Bonds be offered
for public sale. At a subsequent meeting, the Common Council shall consider such bids
for the Bonds as may have been received and take action thereon.
0 Bonds to appear in such newspapers and at such times as the City Clerk may
3. The City Clerk be and hereby is directed to cause notice of the sale of the
determine and to cause copies of a complete, official Notice of Bond Sale and other
pertinent data to be fofwarded to interested bidders as the City Clerk may determine.
4. The City Clerk shall cause an Official Statement concerning this issue to be
prepared by the City's financial advisor, Ehlers 8 Associates, Inc. The appropriate City
officials shall determine when the Official Statement is final for purposes of Securities
and Exchange Commission Rule 15c2-12 and shall certify said Statement, such
certification to constitute full authorization of such Statement under this resolution.
Passed this 22nd day of October, 2002.
Approved this 22nd day of October, 2002.
Attest: