City of Racine - File #: 0804-20

• File #: 0804-20
• Version: A
• Name: Subject: Communication from the General Manager presenting a 2020 Revenue Bond Issue with Baird - Brad Viegut invited to the meeting
• Type: Communication
• Status: Passed
• File created: 11/20/2020
• In control: Finance and Personnel Committee
• On agenda: 1/19/2021
• Final action: 1/19/2021
• Title: Subject: Communication from the General Manager presenting a 2020 Revenue Bond Issue with Baird - Brad Viegut invited to the meeting RESOLUTION AUTHORIZING THE ISSUANCE OF $20,000,000 GENERAL OBLIGATION PROMISSORY NOTES AND THE ISSUANCE AND SALE OF $20,000,000 TAXABLE NOTE ANTICIPATION NOTES IN ANTICIPATION THEREOF Recommendation of the Waterworks Commission on 12-15-20: Approve Recommendation of the Finance and Personnel Committee: 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 water rates and contributions from Mt. Pleasant.

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 presenting a 2020 Revenue Bond Issue with Baird - Brad Viegut invited to the meeting

RESOLUTION AUTHORIZING THE ISSUANCE OF $20,000,000 GENERAL OBLIGATION PROMISSORY NOTES AND THE ISSUANCE AND SALE OF $20,000,000 TAXABLE NOTE ANTICIPATION NOTES IN ANTICIPATION THEREOF

Recommendation of the Waterworks Commission on 12-15-20: Approve

Recommendation of the Finance and Personnel Committee: 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 water rates and contributions from Mt. Pleasant.