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JANUARY 22, 2008 08-26 RESOLUTION
(CARRIED__4-2______LOST________LAID OVER________WITHDRAWN________)
PURPOSE: AUTHORIZE BORROWING FROM STATE LAND TRUST;
OSHKOSH CONVENTION CENTER RENOVATION
INITIATED BY: DEPARTMENT OF FINANCE
WHEREAS, the City of Oshkosh Common Council has approved a renovation
project for the Oshkosh Convention Center; and
WHEREAS, it is necessary to borrow funds from the State Land Trust to finance
said renovation;
NOW, THEREFORE, BE IT RESOLVED by the Co mmon Council of the City of
Oshkosh that the proper City officials are hereby authorized and directed to borrow a sum
not to exceed One Million Eight Hundred Thirty Two Thousand Dollars ($1,832,000.00) for
the purpose of renovating the Oshkosh Convention Center, and the proper City officials
are hereby authorized and directed to prepare and execute any and all documents
necessary for the purpose of same.