HomeMy WebLinkAbout90-304 � i
September 20, 1990 90-304 RESOLUTION
(CARRIED LOST LAID OVER WITHDRAWN )
PURPOSE: ACCEPT TRUSTEE CHANGES - MORGAN PRODUCTS LTD.
INITIATED BY: LEGAL DEPARTMENT
WHEREAS, the Common Council of the City of Oshkosh has previously
issued Industrial Development Revenue Bonds for Morgan Products, Ltd. ,
and
WHEREAS, National Westminster Bank USA was designated Trustee for
the securities issued under this bond, and
WHEREAS, National Westminster Bank sold its corporate trust busi-
ness to The Connecticut National Bank, thereby making it necessary to
approve the transfer of the Trustee duties to The Connecticut National
Bank.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City
of Oshkosh that said succession of Trustee is hereby acknowledged and
accepted and the proper City officials are hereby authorized and
directed to execute all appropriate documentation necessary for such
transfer.
SU�i'�TTED �Y
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