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HomeMy WebLinkAbout03-517DECEMBER 23, 2003 03-517 RESOLUTION (CARRIED 7-0 LOST LAID OVER WITHDRAWN ) PURPOSE: INITIAL RESOLUTION AUTHORIZING NOT EXCEEDING $1,261,400 BONDS OF THE CITY OF OSHKOSH INITIATED BY: FINANCE DEPARTMENT BE IT RESOLVED by the City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 $1,261,400 for the public purpose of providing storm sewer improvements. 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.