City of West Allis - File #: O-2019-0036

• File #: O-2019-0036
• Version: 1
• Type: Ordinance
• Status: Passed
• File created: 9/3/2019
• In control: Administration and Finance Committee (INACTIVE)
• On agenda: 9/3/2019
• Final action: 9/3/2019
• Title: Charter Ordinance No. 23 to repeal Charter Ordinance No. 19 and provide a referendum on the issuance of General Obligation Bonds for specified municipal purposes
• Sponsors: Capital Improvement Committee

Date	Ver.	Action By	Action	Result
9/25/2019	1	City Clerk	Published
9/10/2019	1	Mayor	Signed/Enacted
9/3/2019	1	Administration and Finance Committee (INACTIVE)		Pass
9/3/2019	1	Common Council	Passed	Pass
9/3/2019	1	Common Council
8/26/2019	1	Capital Improvement Committee

Title
Charter Ordinance No. 23 to repeal Charter Ordinance No. 19 and provide a referendum on the issuance of General Obligation Bonds for specified municipal purposes

Body
PART I. Charter Ordinance No. 19 is hereby repealed.

PART II. Except as provided in the last sentence of "Part III" hereof, pursuant to Sec. 66.01(4), Stats., the City of West Allis hereby elects not to be governed by those portions of Sec. 67.05(7), Stats., relating to submission to the electors of the City the question of the issuance of general obligation bonds for certain municipal purposes hereinafter enumerated.

PART III. Hereafter, no general obligation bonds or promissory notes shall be issued by the City for street improvements, in a cumulative annual amount (within any one calendar year), in excess of three million seven hundred fifty thousand dollars ($3,750,000.00), until the initial resolution or resolutions therefor, following adoption by the Common Council, shall have been submitted to the electors of the City and approved by a majority voting thereon. The notice of such election and the ballot used thereat shall contain a statement of the purpose or purposes and the amount of the bonds and/or notes proposed to be issued. The provisions of this ordinance shall not apply where the electors of the City have adopted an initial resolution or resolutions in the manner provided by Sec. 9.20, Stats. Section 67.05(7), Stats., shall apply to the issuance of general obligation bonds for street improvements in those cases where this ordinance would not require submission of the initial resolutions therefor to the electors of the City.

PART IV. All ordinances or parts of ordinances contravening the provisions of this ordinance are hereby repealed.

PART V. This charter ordinance shall take effect sixty (60) days from and after its passage by a two-thirds (2/3) vote of the Common Council and publication, unless within such sixty (60) day...