City of Racine - File #: 0421-24

• File #: 0421-24
• Version: A
• Name: Subject: Subject: Communication sponsored by Alder West, on behalf of the Finance Director, requesting approval of a resolution designating the Finance Director as the official authorized to declare official intent to reimburse capital expenditures made p
• Type: Communication
• Status: Passed
• File created: 5/9/2024
• In control: Finance and Personnel Committee
• On agenda: 5/21/2024
• Final action: 5/21/2024
• Title: Subject: Communication sponsored by Alder West, on behalf of the Finance Director, requesting approval of a resolution designating the Finance Director as the official authorized to declare official intent to reimburse capital expenditures made prior to a tax-exempt borrowing. Recommendation of the Finance and Personnel Committee on 05-13-2024: That the resolution be adopted designating the Finance Director as the official authorized to declare official intent to reimburse capital expenditures made prior to a tax-exempt borrowing. Fiscal Note: Authorization would allow spending of capital borrowing funds as authorized by the Common Council in the annual budget.

Date	Ver.	Action By	Action	Result
5/21/2024	A	Common Council	Approved as Presented	Pass
5/13/2024	A	Finance and Personnel Committee	Recommended For Approval

Title

Subject: Communication sponsored by Alder West, on behalf of the Finance Director, requesting approval of a resolution designating the Finance Director as the official authorized to declare official intent to reimburse capital expenditures made prior to a tax-exempt borrowing.

Recommendation of the Finance and Personnel Committee on 05-13-2024: That the resolution be adopted designating the Finance Director as the official authorized to declare official intent to reimburse capital expenditures made prior to a tax-exempt borrowing. 

Fiscal Note: Authorization would allow spending of capital borrowing funds as authorized by the Common Council in the annual budget.