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HomeMy WebLinkAbout33231 / 85-20RESOLOTION OF THE COMMON COUNCIL OF THE CITY OF OSHKOSH WAIVING YUBLIC BIDDING AND ANTI-DISCRIMINATION REQUIREMENTS FOR Pacur Inc. INDUSTRIAL DEV�LOPMENT 2EVENUE BOND PROJECT RESOLUTION NUMB�X �_ WI:EREAS, the City of Oshkoch, hereinafter called the "Municipality", has by resolution of i.ts Common Council expressed its intent to issue ir.s industri.al revenue bonds pursuant to Section 66.521 of the Wisconsin Statutes in an amount not to exceed $2,500,000.00, for the purpose of financing on behalf of Pacur Inc., hereinafter called the "Company", costs related to the construction of an addition to, and purchase and installation of equipment for, the facility presently operated by the Company in the City in connection with its business, which construction, equipping and related improvements are herein called the "Project", and WHEREAS, Section 66.521 (11) (b) 1. (i) of the 4lisconsin Statutes 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 only if the contract is let to the lowest responsible bidder and proposGls for the contract are advertised by publishing a Class II notice under Ch. 985 and (ii) prohibits discrimination in access or employment based on race, creed, sex, handicap, ethnic origin, age or marital status with regard to construction and operation of projects financed under the Act, and WHEREAS, the Company has nade representations to the City that compliance with the notice and public bidding requirement in the first sentence of said Section 66.521 (11 (b) 1. could render the Company unable to employ the services of companies the Company believes to be best suited to perform construction work on the Project and that while khe Company supports anti-discrimination policies of the type enunciated by the statute, it would prefer in the light of negotiations with prospective purchasers and the need for certainty in the context of the bond financing to have [hem effectuated by a contractual provision with a clearly specified remedy, and WHEREAS, Section 66.521 (11) (b) 2. of the Wisconsin Statutes provides the City wiUi authority to waive the publi.c bidding and anti-discrimination requirements. NOW, TtIEREFORE, BE IT RESOLVEll by the Common Council of the City of Oshkosh that this Common Council hereUy finds (i) that the imposition of the public notice and bidding requirements of Wis. Stats. Sec. 66.521 (11) (b) l, could render the Company - Zg - J , March 7, 1985 Resolution # 20 unable to employ the services of companies the Company believes to be best suited to perform construction work on the Project as well as hinder the expeditious development of the Project and (ii) that the anti-discrimination requirements are more appropriately handled in the light of the needs of this bond financing by contract with the Company; and, Cherefore, this Common Council pursuant to the authority granted to it by Section 66.521 (11) (b) 1, of the Wisconsin Statutes with regard to the Project, provided that the revenue producing agreement or agreements for the financing shall contain an anti-discrimination provision satisfactory to the City of Oshkosh. PURTfIER RESOLVED, That the City Clerk is hereby directed to publish this Resolution as a Class 1 notice under Ch. 985, Wis. Stats., in the Oshkosh Daily Northwestern, the official newspaper of the City, THIS RESOLUTION INTRODUCED, APPROVED AND ADOPTED uonna c. �erwas, City Clerk - 29 - SUBMITTED BY APPROYED n �� rt � C] r N rS x � � a �'�' � �� � � J �_ . r� �, � — o� � � _, � n � mo n rt rt r� r� o N � R. •• �a �c o mro m rt � T H �' dw � C � ri � � m 0 � G rt r� 0 � rn O ti ro a 0 � n H � n z m m � N 0 `,� �� �� ':.3