City of Racine - File #: 07-0077

• File #: 07-0077
• Version: A
• Name: R.W. Baird Proposal for Bonding for CIP Projects
• Type: Communication
• Status: Passed
• File created: 1/19/2007
• In control: Finance and Personnel Committee
• Final action: 2/21/2007
• Title: Subject: Proposal from R.W. Baird to facilitate bonding for 2007 CIP projects Waterworks Commission Recommendation: Approve. Refer to the Finance & Personnel Committee for further consideration. Recommendation of the Finance & Personnel Committee on 2-12-07: The $11,510,000 Waterworks Revenue Bonds for 2007 Capital Improvements and the $7,855,000 Waterworks Refunding Revenue Bonds as proposed by R.W. Baird be approved for issue and sale and that the Authorizing Resolution be presented at the March 6, 2007 Common Council meeting, being the proposed date of sale. Fiscal Note: Water Utility Revenues will be used for debt service on these issues.
• Related files: Res.07-0102

Date	Ver.	Action By	Action	Result
2/21/2007	A	Common Council	Approved as Presented	Pass
2/12/2007	A	Finance and Personnel Committee	Recommended For Approval	Pass
2/6/2007	A	Common Council	Referred
1/30/2007	A	Waterworks Commission	Recommended For Further Consideration

Title

Subject: Proposal from R.W. Baird to facilitate bonding for 2007 CIP projects

Waterworks Commission Recommendation: Approve.  Refer to the Finance & Personnel Committee for further consideration.

Recommendation of the Finance & Personnel Committee on 2-12-07:  The $11,510,000 Waterworks Revenue Bonds for 2007 Capital Improvements and the $7,855,000 Waterworks Refunding Revenue Bonds as proposed by R.W. Baird be approved for issue and sale and that the Authorizing Resolution be presented at the March 6, 2007 Common Council meeting, being the proposed date of sale.

Fiscal Note:  Water Utility Revenues will be used for debt service on these issues.