CCR2001011Alderperson Sanders introduced the following resolution and moved its adoption:
COMMON COUNCIL - CITY OF MUSKEG0
RESOLUTION #ll-2001
RESOLUTION AUTHORIZING EHLERS AND ASSOCIATES, INC.
TO SOLICIT COMPETITIVE PROPOSALS FOR NOT TO EXCEED
$2,250,000 GENERAL OBLIGATION PROMISSORY NOTES
OF THE CITY OF MUSKEGO, WISCONSIN
WHEREAS, Section 67 12(12), Wis. Stats., authorizes the City of Muskego to issue
General Obligation Promissory Notes; and
WHEREAS, The City needs to finance the construction of road improvements and
public building improvements, the purchase of equipment and the refunding of the 2002
and 2003 maturities of the $2,400,000 General Obligation Promissory Notes dated May
5, 1994; 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. be authorized
to solicit competitive proposals for the purchase of not to exceed $2,250,000 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 SEC Rule 15c2-12 and to
publish a notice of sale.
The motion for the adoption of the foregoing resolution was duly seconded by
Alderperson Slocomb and upon a vote being taken, the following voted in favor thereof:
Slocomb, Chiaverotti, Le Doux, Patterson, Salentine, Sanders, and Wichgers and the
following voted against the same: None
whereupon said resolution was declared passed and adopted
Adopted this day of January , 20m .
David DeAngelis, Mayor
. -" -~
Attest:
1101 mep