PUBLIC DEBT COMMISSION
TL;DR
The Public Debt Commission met to discuss financial matters, primarily focusing on authorizing bond sales and loan approvals for the city's sewerage system. The meeting involved technical financial resolutions that could impact city infrastructure and future borrowing capabilities.
Key Decisions
- Sewerage System Revenue Bonds Sale Discussed
- Direct Loan Authorization for Various City Purposes Proposed
- Line of Credit Review Reviewed Comptroller's Report
- Debt Obligation Certification Declared Official Intent
- Future Meeting Scheduling Scheduled
Agenda
- THE PUBLIC MAY OBSERVE BY TELECONFERENCE: (414) 251-0392, ACCESS CODE 573 848 284.
- Approval of Previous Minutes
- 2 Authorizing the Sale and Issuance of Sewerage System Second Lien Revenue Bonds, Series 2025 S6Resolution
- 3 Authorization to use Direct Loans for Various Purposes.Resolution
- 4 Communication from the City Comptroller Regarding the Report on Line of Credit draws and renewals, other debt issuance, future financings, rating agencies, and RFP’s.Communication
- 5 Certification 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 Clerk's Office ADA Coordinator at 286-2998, (FAX)286-3456, (TDD)286-2025 or by writing to the Coordinator at Room 205, City Hall, 200 E. Wells Street, Milwaukee, WI 53202.
- City Hall and the Zeidler Municipal Building are accessible by "The Hop" City Hall Stations, the MCTS Green Line, Connect 1, 14, 15, 18, 19, 30, 33, and 57 bus routes. Visit https://www.ridemcts.com/ for more information. Bike racks are available on Water Street, Market Street, and Broadway, and a Bublr Bike Share station is located on the northeast corner of Kilbourn Avenue and Water Street. Limited parking for persons attending meetings during normal business hours is available at reduced rates (5 hour limit) at the Associated Bank River Center on the southwest corner of Kilbourn Avenue and Water Street. You must present a copy of the meeting notice to the parking cashier.
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