HomeMy WebLinkAbout90-50 ' Res. #90-50
CITY OF OSHKOSH, WISCONSIN
RESOLUTION WAIVING THE PUBLIC BIDDING REQUIREMENTS
OF WISCONSIN STATUTES SECTION 66 . 521( 11) (b) 1
WHEREAS, the City of Oshkosh, Wisconsin ( the "Municipality" ) , has
by resolution of its Common Council expressed its intent to issue
bonds pursuant to Wisconsin Statutes Section 66 . 521 , in an amount not
to exceed $350,000 for the purpose of financing on behalf of Service
Litho-Print, Inc. , a Wisconsin corporation, Alden G. Ferguson and/or
Susan A. Ferguson ( individually or as part of any combination, joint
venture or partnership the "Borrower" ) all or a portion of the costs
of the expansien of an ex� sting facility in the Municipality and the
making of related improvements ( the "Project" ) for use in connection
with the printing facility presently operated by Service-Litho Print,
Inc. and for related service activities; and
WHEREAS, Wisconsin Statutes Section 66 . 521(11 ) (b) 1 provides that
construction work which is let by contract and which has an estimated
cost exceeding $5,000 may be financed with industrial revenue bonds
under Section 66. 521 only if the contract is let to the lowest
responsible bidder and proposals for the contract are advertised by
publishing a class 2 notice under Wisconsin Statutes Chapter 985;
WHEREAS, representations have been made to the Municipality that
compliance with the notice and public bidding requirements in Section
66 . 521 ( 11) (b) 1, if applicable, may impair the prompt and efficient
completion of the Project (a) because of the delays associated with
those requirements and (b) because they may prohibit the Borrower from
using the contractors which, in the Borrower ' s judgment, are best
suited to do work on the Project regardless of whether they are the
"lowest responsible bidder" as that term is used in Wisconsin Statutes
Section 66 . 521( 11) (b) 1;
WHEREAS, Wisconsin Statutes Section 66 ..521(11) (b) 2 gives the
Municipalit�� �uthor?ty t� wai��? the requirementG of Wisconsin Statutes
Section 66 . 521(11) (b)1;
NOW, THEREFORE, IT IS RESOLVED: ,
1 . This Common Council finds that the imposition of the
public notice and bidding requirements of Wisconsin Statutes Section
66 . 521 ( 11 ) (b) 1 may impair the prompt and efficient completion of the
Project because of the delays associated with those requirements and
because they may prohibit the Borrower from using the contractors
which, in the Borrower ' s judgment, are best suited to do work on the
Project regardless of whether they are the "lowest responsible bidder"
as that term is used in Wisconsin Statutes Section 66 . 521 (11) (b)1 .
2 . For the reasons stated above, this Common Council
pursuant to the authority granted to it by Wisconsin Statutes Section
66. 521( 11) (b) 2 waives the requirements of Wisconsin Statutes Section
66 . 521( 11) (b) 1 with respect to the Project to the extent they may
become applicable.
FURTHER RESOLVED, that the City Clerk is directed to publish this
resolution as a class 1 notice under Wisconsin Statutes Chapter 985
( relating to publication of official notices) in a newspaper eligible
to make such a publication for the Municipality.
Adopted �j�i � �� , 1990
�� �. ��«��
City Clerk
Approved ��l(`j � � � , 1990
�-1
�
�
Mayor
MUF/556/00001400-10
041790/2
-2-
NOTICE OF THE ADOPTION BY THE
CITY OF OSHKOSH, WISCONSIN
OF A RESOLUTION WAIVING THE
PUBLIC BIDDING REQUIREMENTS
OF WISCONSIN STATUTES SECTION 66. 521( 11) (b) 1
The Common Council of the City of Oshkosh, Wisconsin at a lawful
meeting held on April 19, 1990 adopted a resolution pursuant to
Wisconsin Statutes Section 66. 521 waiving the public bidding
requirements of that Section with respect to an issue of industrial
revenue bonds. The resolution read in its entirety as follows :
WHEREAS, the City of Oshkosh, Wisconsin ( the "Municipality" ) , has
by resolution of its Common Council expressed its intent to issue
bonds pursuant to Wisconsin Statutes Section 66 . 521, in an amount not
to exceed $350, 000 for the purpose of financing on behalf of Service
Litho-Print, Inc. , a Wisconsin corporation, Alden G. Ferguson and/or
Susan A. Ferguson, ( individually or as part of any combination, joint
venture or partnership the "Borrower" ) all or a portion of the costs
of the expansion of an existing facility in the Municipality and the
making of related improvements ( the "Project" ) for use in connection
with the printing facility presently operated by Service-Litho Print,
Inc. and for related service activities; and
WHEREAS, Wisconsin Statutes Section 66. 521( 11) (b)1 provides that
construction work which is let by contract and which has an estimated
cost exceeding $5, 000 may be financed with industrial revenue bonds
under Section 66. 521 only if the contract is let to the lowest
responsible bidder and proposals for the contract are advertised by
publishing a class 2 notice under Wisconsin Statutes Chapter 985;
WHEREAS, representations have been made to the Municipality that
compliance with the notice and public bidding requirements in Section
66 . 521 ( 11) {b)1 , if applicable, may impair the prompt and efficient
completion of the Project (a) because of the delays associated with
those requirements and (b) because they may prohibit the Borrower from
using the contractors which, in the Borrower ' s judgment , are best
suited to do work on the Project regardless of whether they are the
"lowest responsible bidder" as that term is used in Wisconsin Statutes
Section 66 . 521 ( 11) (b) l;
WHEREAS, Wisconsin Statutes Section 66 . 521 ( 11) (b) 2 gives the
Municipality authority to waive the requirements of Wisconsin Statutes
Section 66. 521 ( 11) (b) l;
NOW, THEREFORE, IT IS RESOLVED:
1 . This Common Council finds that the imposition of the
public notice and bidding requirements of Wisconsin Statutes Section
66. 521 ( 11) {b)1 may impair the prompt and effici�nt completion of the
Project because of the delays associated with those requirements and
because they may prohibit the Borrower from using the contractors
which, in the Borrower ' s judgment, are best suited to do work on the
Project regardless of whether they are the "lowest responsible bidder"
as that term is used in Wisconsin Statutes Section 66. 521 (11) (b) 1.
2 . For the reasons stated above, this Common Council
pursuant to the authority granted to it by Wisconsin Statutes Section
66 . 521( 11) (b) 2 waives the requirements of Wisconsin Statutes Section
66 . 521( 11) (b) 1 with respect to the Project to the extent they may
become applicable.
FURTHER RESOLVED, that the City Clerk is directed to publish this
resolution as a class 1 notice under Wisconsin Statutes Chapter 985
( relatinq to publication of official notices) in a newspaper eligible
to make such a publication for the Municipality.
Dated: j' , 1990 ���" /�% �,- ��,��
' City Clerk
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SU�'��ITTED BY.
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