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MAY 9, 200606-169RESOLUTION
(CARRIED__7-0_ LOST _______ LAID OVER _______ WITHDRAWN _______)
PURPOSE:WAIVER OF PUBLIC BIDDING REQUIREMENTS / MUZA METAL
PRODUCTS / INDUSTRIAL DEVELOPMENT REVENUE BONDS
INITIATED BY:CITY ADMINISTRATION
CITY OF OSHKOSH, WISCONSIN
RESOLUTION REGARDING
PUBLIC BIDDING AND NON-DISCRIMINATION IN CONNECTION WITH
INDUSTRIAL DEVELOPMENT REVENUE BOND FINANCING
WHEREAS, the Common Council for the City of Oshkosh, Wisconsin (the "City")
has or will approve an initial resolution for the issuance of industrial development
revenue bonds by the City on behalf of Muza Metal Products Corp., a Wisconsin
corporation, and/or an entity affiliated with Muza Metal Products Corp. through common
ownership or control, (hereinafter collectively referred to as the “Eligible Participant”);
and
WHEREAS, the project (the "Project") to be financed with the proceeds of the
bonds will be located in the City and will consist of the expansion, improvement,
construction and/or equipping of a manufacturing facility to be used by Muza Metal
Products Corp.; and
WHEREAS, the City finds it beneficial toward the completion of the Project to
waive the requirements of Wis. Stat. 66.1103(11)(b) in connection with the Project;
NOW, THEREFORE, BE IT RESOLVED BY THIS COMMON COUNCIL OF THE
CITY OF OSHKOSH, WISCONSIN, THAT:
1.The requirements as specified in Wis. Stat. 66.1103(11)(b)1. are to be
waived in accordance with the provisions of Wis. Stat. 66.1103(11)(b)2. with reference
to the Project to be financed with the industrial development revenue bonds of the City
issued on behalf of the Eligible Participant for the Project because the City is not
responsible for controlling any of the expansion, improvement, construction and/or
equipping costs and because it is more efficient and expedient for the accomplishment
of the public purposes of the bond issue if the Eligible Participant were to have
complete control over the Project.
2.The Bonds, when issued, will contain such provisions regarding non-
discrimination as state law or the City shall require.
3.This resolution shall be published as a Class 1 notice in the official
newspaper of the City, The Oshkosh Northwestern, prior to the closing of the bond
issue.
Adopted _______________________, 2006
________________________________________
Pamela Ubrig, City Clerk
Approved ______________________, 2006
________________________________________
William Castle, Mayor