PUBLIC DEBT COMMISSION
TL;DR
The Public Debt Commission met to authorize several important financial transactions, including issuing new municipal bonds and reviewing the city's current debt status. These financial moves will help fund city infrastructure and manage ongoing financial obligations.
Key Decisions
- General Obligation Promissory Notes and Bonds
- Water System Revenue Bonds Approved for Issuance
- Line of Credit Report Reviewed
- Debt Obligation Certification Certified
- Future Meeting Schedule Scheduled
Agenda
- THE PUBLIC MAY OBSERVE BY TELECONFERENCE: (414) 251-0392, ACCESS CODE 277 441 337.
- Untitled item
- Approval of Previous Minutes
- 2. Resolution authorizing the sale and issuance of General Obligation Promissory Notes, Series 2024 N1 and General Obligation Corporate Purpose Bonds, Series 2024 B2.Resolution
- 3. Resolution authorizing the sale and issuance of Water System Second Lien Revenue Bonds, Series 2024 W3.Resolution
- 4. Communication relating a Report on Line of Credit draws and renewals, other debt issuance, future financings, and rating agenciesCommunication
- 5. Resolution certifying that obligations can be sold and issued, and declaring official intent to be reimbursed from proceeds of obligations issued under City borrowing resolutions recently adopted or to be considered for adoption by the Common Council.Resolution
- Schedule future meetings of the Public Debt Commission
- Untitled item
- In the event that Common Council members who are not members of this committee attend this meeting, this meeting may also simultaneously constitute a meeting of the Common Council or any of the following committees: Community and Economic Development, Finance and Personnel, Judiciary and Legislation, Licenses, Public Safety and Health, Public Works, Zoning, Neighborhoods & Development, and/or Steering and Rules. Whether a simultaneous meeting is occurring depends on whether the presence of one or more of the Common Council member results in a quorum of the Common Council or any of the above committees, and, if there is a quorum of another committee, whether any agenda items listed above involve matters within that committee’s realm of authority. In the event that a simultaneous meeting is occurring, no action other than information gathering will be taken at the simultaneous meeting.
- Upon reasonable notice, efforts will be made to accommodate the needs of persons with disabilities through sign language interpreters or auxiliary aids. For additional information or to request this service, contact the City Comptroller's Office at 286-2319, (FAX)286-3281or by writing to the Capital Finance Manager at Room 405, City Hall, 200 E. Wells Street, Milwaukee, WI 53202.
- Persons engaged in lobbying as defined in s. 305-43-4 of the Milwaukee Code of Ordinances are required to register with the City Clerk's Office License Division. Registered lobbyists appearing before a Common Council committee are required to identify themselves as such. More information is available at http://city.milwaukee.gov/Lobbying.