HomeMy WebLinkAbout09-28JANUARY 27, 2009 09-28 RESOLUTION
(CARRIED 6-1 LOST LAID OVER WITHDRAWN )
PURPOSE: APPROVE INITIAL RESOLUTIONS AUTHORIZING NOT
EXCEEDING $16,740,000 GENERAL OBLIGATION BONDS
OF THE CITY OF OSHKOSH
INITIATED BY: DEPARTMENT OF FINANCE
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 $2,450,000 for the
public purpose of laying out, opening and widening streets and providing street
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.
BE IT FURTHER 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 $2,585,000
for the public purpose of constructing sanitary 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.
BE IT FURTHER 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 $7,475,000
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.
BE IT FURTHER 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 $2,115,000
for the public purpose of providing water mains and water system 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.
BE IT FURTHER 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 $500,000 for
the public purpose of providing buildings for the housing of machinery and
equipment. 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.
BE IT FURTHER 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 $970,000 for
the public purpose of providing parking lots and facilities. 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.
BE IT FURTHER 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 $505,000 for
the public purpose of providing parks and park 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.
BE IT FURTHER 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 $140,000 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.
Upon motion of Council Member ,seconded by Council Member
the following members voted:
AYE:
NAY:
ABSENT OR NOT VOTING:
Adopted January 27, 2009.
Approved January 27, 2009.
Recorded January 27, 2009.
/s/ Frank Tower
Mayor
Attest:
/s/ Pamela R. Ubri
City Clerk