Title
Initial Resolution authorizing $4,430,000 General Obligation Bonds of the City of West Allis for community development projects in Tax Incremental Districts No. 11 and No. 14.
Body
WHEREAS, the City needs to obtain funds for the public purpose of financing community development projects by paying project costs of Tax Incremental Districts No. 11 and No. 14.
RESOLVED that the City of West Allis, Milwaukee County, Wisconsin, borrow an amount not to exceed $4,430,000 by issuing its general obligation bonds for the public purpose of providing financial assistance to community development projects under Section 66.1105 of the Wisconsin Statutes by paying project costs of the City's Tax Incremental Districts No. 11 and No. 14.
ADM\ORDRES\ADMR549