HomeMy WebLinkAbout03-521DECEMBER 23, 2003 03-521 RESOLUTION
(CARRIED 7-0 LOST
LAID OVER WITHDRAWN .)
PURPOSE:
INITIAL RESOLUTION AUTHORIZING NOT EXCEEDING
$480,400 BONDS OF THE CITY OF OSHKOSH.
INITIATED BY: FINANCE DEPARTMENT
BE IT RESOLVED by the City Council of the City of Oshkosh, Winnebago County,
Wisconsin, that there shall be issued the general obligation bonds of said City in an
aggregate principal amount not exceeding $480,400 for the public purpose of financing
projects within tax increment financing districts. 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.