https://cityofracine.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=3757947&GUID=1953078C-E8A6-44DE-A522-42A8E60E7712Legistar15https://cityofracine.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=3757947&GUID=1953078C-E8A6-44DE-A522-42A8E60E77121953078C-E8A6-44DE-A522-42A8E60E7712-2018-12-05-17-42-51Title: RESOLUTION AUTHORIZING THE ISSUANCE AND SALE OF $9,720,000 GENERAL OBLIGATION REFUNDING BONDS WHEREAS, the Common Council hereby finds and determines that it is necessary, desirable and in the best interest of the City of Racine, Racine County, Wisconsin (the "City") to raise funds for the public purpose of refunding obligations of the City, including interest on them, specifically, the Note Anticipation Notes, dated September 11, 2018 (the "Refunded Obligations") (hereinafter the refinancing of the Refunded Obligations shall be referred to as the "Refunding"); WHEREAS, the Common Council deems it to be necessary, desirable and in the best interest of the City to refund the Refunded Obligations for the purpose of providing permanent financing for the projects financed by the Refunded Obligations; WHEREAS, the City is authorized by the provisions of Section 67.04, Wisconsin Statutes, to borrow money and issue general obligation bonds to refinance its outstanding obligations; and WHEREAS, it is the finding of the Common Council that it is necessary, desirable and in the Wed, 05 Dec 2018 17:42:51 GMT