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HomeMy WebLinkAbout03-160.docJUNE 10, 2003 03 - 160 RESOLUTION (CARRIED__ 6 - 0 _____LOST_______LAID OVER_______WITHDRAWN_______) PURPOSE: TRANSFER FUNDS TO REDEVELOPMENT AUTHORITY OF THE CITY OF OSHKOSH INITIATED BY: CITY ADMINISTRATION BE IT RESOLVED by the Common Council of the City of Oshkosh that the City hereby transfers all contractual responsibility for TIF #13 Marion Road/Pearl Avenue Redevelopment Project Area to the Redevelopment Authority of the City of Oshkosh and the proper City officials are hereby authorized and directed to transfer all funds, which include but are not limited to, funds from land sales, previously approved Capital Improvement Program funds, proceeds from future land sales, grant funds to be received and State Land Trust Loan funds already applied for to the Redevelopment Authority.