CCR1972223RESOLUTION #223-72
The Council determined, upon examination of the foregoing details
of bids, tht the best bid received was that submitted by First Wisconsin
National Bank of Milwaukee , and associates, at a net interest rate
of 4.233889 70.
Upon motion made and duly seconded, the following resolutions
were unanimously adopted:
WHEREAS the City of Muskego has duly received
sealed bids for an issue of $190,000 Assessment
Bonds (the "Bonds") of said City; and
WHEREAS it has been determined that the best
bid received was that submitted by First Wisconsin
National Bank of Milwaukee , and associates;
NOW, THEREFORE, BE IT RESOLVED that the
bid of First Wisconsin National Bank of
Milwaukee , and associates, be and it
hereby is accepted and tk Mayor and Clerk of
the City of Muskego are hereby authorized and
directed to execute the acceptance of the offer of
said successful purchaser on behalf of the City;
FURTHER RESOLVED that the Bonds bear interest
as follows:
Bonds Maturing In
the Years Interest Rate
1973 4.50%
1974 through 1980
1981
4.20%
1982
4.30%
4.40%
Upon motion made by Alderman Fo ldy and
seconded by Alderman Cole the following resolution
was adopted by a;vote of 6 aye and 1 absent when vote was taken;