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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 i SU�'��ITTED BY. i MUF/556/00001400-12 a '�p._.`_.'`'.""� ----.-- ___-.._._...�_ 041790/2 -2- �\ O N L.� "p C N O i--> Cf] C N � E � N c � � •�--� > � N Q� U N C � �--� � � � N C E +� •� Q C �-..-� "a O•.-� LL� � �--� � �� •.-� N a. I— m > 1 O d (n tn � O O� O W w U � � d� � >- O O •.-� +� r- Q Q � 1_() .-� rr •.-� 1 � � J O � •� p� .. dl � � 4J � .. p � -1� U Z W N N •� � O �--� > � > •.-i F--+ � N •,--� -p 5-_ S-. I— d' N c0 C N Q O Q �' 3 F--+ (/') Q � U