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HomeMy WebLinkAbout03-167.docJUNE 10, 2003 03 - 167 RESOLUTION (CARRIED __ 6 - 0 ____LOST ________LAID OVER ________WITHDRAWN________) PURPOSE: INITIAL RESOLUTION AUTHORIZING NOT EXCEEDING $11,500,000 BONDS OF THE CITY OF OSHKOSH INITIATED BY: CITY ADMINISTRATION B I R by th e City Council of the City of Oshkosh, Winnebago County, E T ESOLVED Wisconsin, that there shall be issued the general obligation bonds of said City in an aggregate principal amount not exceeding $11,500,000 for the public purpose of refunding certain outstanding muni cipal obligations of said City. For the purpose of paying the various installments of principal of and interest on said bonds as they severally mature, prior to the issuance and delivery of said bonds there shall be levied on all taxable property in said City a direct annual irrepealable tax sufficient for that purpose.