City of Racine - File #: 0802-20

• File #: 0802-20
• Version: A
• Name: Subject: Communication from the General Manager submitting a comfort resolution pertaining to the 2020 Bond Issue
• Type: Communication
• Status: Passed
• File created: 11/19/2020
• In control: Finance and Personnel Committee
• On agenda: 1/19/2021
• Final action: 1/19/2021
• Title: Subject: Communication from the General Manager submitting a "Comfort Resolution" pertaining to the 2020 Bond Issue. Recommendation of the Waterworks Commission on 12/15/20: Waterworks Commission approved that the Mayor and City Clerk be authorized and directed to sign the "Comfort Resolution" pertaining to the 2021 Revenue Bond Issue. Recommendation of Finance and Personnel Committee on 01-11-2020: That the Mayor and City Clerk be authorized and directed to sign the "Comfort Resolution" pertaining to the 2021 Revenue Bond Issue. Fiscal Note: The Water Utility will be able to reimburse previous capital expenditures with bond proceeds.

Date	Ver.	Action By	Action	Result
1/19/2021	A	Common Council	Approved
1/11/2021	A	Finance and Personnel Committee	Recommended For Approval	Pass
12/15/2020	A	Waterworks Commission	Referred	Pass

Title

Subject: Communication from the General Manager submitting a "Comfort Resolution" pertaining to the 2020 Bond Issue.

Recommendation of the Waterworks Commission on 12/15/20: Waterworks Commission approved that the Mayor and City Clerk be authorized and directed to sign the "Comfort Resolution" pertaining to the 2021 Revenue Bond Issue.

Recommendation of Finance and Personnel Committee on 01-11-2020: That the Mayor and City Clerk be authorized and directed to sign the "Comfort Resolution" pertaining to the 2021 Revenue Bond Issue.

Fiscal Note: The Water Utility will be able to reimburse previous capital expenditures with bond proceeds.