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May 3 , 1990 # 90-70 RESOLUTION
(CARRIED LOST LAID OVER WITHDRAWN )
PURPOSE: DISSOLVE TAX INCREMENTAL DISTRICT NO. 2
INITIATED BY: CITY ADMINISTRATION
WHEREAS, on September 20, 1979, the Common Council for the
City of Oshkosh created Tax Incremental Finance Disrict, No. 2 ,
generally the North Industrial Park within the City; and
WHEREAS, state statutes require that when a municipality
recovers its cost incurred in a district or when 20 years has
expired, whichever occurs first, the district shall be dissolved;
and
WHEREAS, the City of Oshkosh has recovered its costs;
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the
City of Oshkosh that Tax Increment Finance District, No. 2 (North
Industrial Park) is dissolved.
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