City of Racine - File #: 1306-18

• File #: 1306-18
• Version: A
• Name: 2019 Rev Bond Issue w/Baird
• Type: Communication
• Status: Passed
• File created: 12/11/2018
• In control: Finance and Personnel Committee
• Final action: 2/5/2019
• Title: Subject: Communication from the City of Racine Water Utility General Manager presenting a 2019 Revenue Bond Issue with Baird. Recommendation of the Waterworks Commission on 12-18-18: Approve. Recommendation of the Finance & Personnel Committee on 01-07-2019: To approve the Waterworks Revenue Bond Issue as presented by R.W. Baird. Fiscal Note: The $20 million revenue bond will be repaid from revenues generated from new customers and Mt. Pleasant TID #5 proceeds.
• Sponsors: Q.A. Shakoor II

Date	Ver.	Action By	Action	Result
2/5/2019	A	Common Council	Approved as Presented	Pass
1/7/2019	A	Finance and Personnel Committee	Recommended For Approval	Pass
12/18/2018	A	Common Council	Referred
12/18/2018	A	Waterworks Commission	Recommended For Approval	Pass

Title

Subject: Communication from the City of Racine Water Utility General Manager presenting a 2019 Revenue Bond Issue with Baird.

Recommendation of the Waterworks Commission on 12-18-18:  Approve.

Recommendation of the Finance & Personnel Committee on 01-07-2019: To approve the Waterworks Revenue Bond Issue as presented by R.W. Baird.

Fiscal Note: The $20 million revenue bond will be repaid from revenues generated from new customers and Mt. Pleasant TID #5 proceeds.