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HomeMy WebLinkAbout33079 / 84-11CITY OF OSHKOSH, WISCONSIN RESOLUTION WAIVING THE PUBLIC BIDDZNG AND NON-DISCRIMINATION REQUIREMENTS OF WISCONSZN STATUTES SECTION 66.521�11)(b)1 WHEREAS, the City of Oshkosh, Wisconsin (the "Muni- cipality"), 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 $8,000,000 for the purpose of financing on behalf of Oshkosh Hotel Centre Venture, a joint venture of OHV Associates, an Illinois Limited Partnership, and A-K Company, a Wisconsin sole proprietorship, (the "Borrower") all or a portion of the costs of the acquisition of land in the Municipality, the construction and equipping thereon of a hotel facility and making related improvements (the "Project"); and 10 3084 WAEREAS, Wisconsin Statutes Section 66.521(11)(b)1 (i) 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 pro- posals for the contract are advertised by publishing a class 2 notice under Wisconsin Statutes Chapter 985 and (ii) prohibits discrimination in subcontracting, access or employment based on race, creed, sex, handicap, ethnic origin, age or marital status with regard to construction, use and operation of projects financed under the Act; and WHEREAS, representations have been made to the Municipality (i) that compliance with the notice and public bidding requirements in the first sentence of Wisconsin Statues Section 66.521(11)(b)1 may impair the prompt and efficient completion of the Project (a) because of the delays associ- ated with tnose requirements and (Li because they may pro- hibit 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 responsi- ble bidder" as that term is used in Wisconsin Statutes Section 66.521(11)(b)1 and (ii) that while the Borrower supports non-discrimi- nation policies of the type contained in Wisconsin Statutes Section 66.521(11)(b)i, the Borrower would prefer to handle the non-discrimination aspects of the Project in its revenue agreement with the Municipality since it is unclear what is substantively required of the Borrower in order to comply with the non-discrimination provisions of Wisconsin Statues Section 66.521(11)(b)1 or what the remedies are for failing to comply with those provisions and because a prospective bondholder must be able to satisfy itself that the validity of the bonds will not be subject to attack for failure of the Borrower to comply with unclear statutes; and 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)1; NOW, THEREFORE, IT IS RESOLVED: 1. This Common Council finds (i) that the imposition of the public notice and bid- ding 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 responsi- ble bidder" as that term is used in Wisconsin Statutes Section 66.521(11)(b)1 and (ii) that the non-discrimination requirements of Wisconsin Statutes Section 66.521(11)(b)1 are more appropriately handled in the revenue agreement between the Borrower and the Municipality since it is unclear what is substantively required of the Borrower in order }o comply with the non-discrimination provisions of Wisconsin Statutes Section 66.521(11)(b)1 or what the remedies are for failure to comply with those provisions and because a prospective bondholder must be able to satisfy itself that the validity of the bonds will not be subject to attack for failure of the Borrower to comply caith unclear statutes. 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 if the revenue producing agreement for the financing contains a non-discrimination provision satisfactory to the Municipality. -2- J FURTHER RESOLVED, that the 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 November 1 , 1984 � � � � l�, �� �� � . i /� Gl�'� � � � � � '."�1 L � �� � "' �'' l.J/�i n� ¢ Clerk � e e 11M Approved November 1 , 1:3°4 ��� - r' ...c� i � � . �� �. -_��� -- �Iayar JTW26 -3- ; NOTICE OF THE ADOPTION BY THE CITY OF OSHKOSH, WISCONSIN OF A RESOLUTION WAIVING TAE PUBLIC BIDDING AND NON-DISCRIMINATZON 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 November 1, 1984 adopted a resolution pursuant to Wisconsin Statutes Section 66.521 waiving the public bidding and non-discrimination requirements of that Section with respect to an issue of industrial development 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 $8,000,000 for the purpose of financing on behalf of Oshkosh Hotel Centre Venture, a joint venture of OHV Associates, an Illinois Limited Partnership, and A-K Company, a Wisconsin sole proprietorship, (the "BOrrower") all or a portion of the costs of the acquisition of land in the MuniciFality, the construction and equipping thereon of a hotel facility and making related improvements (the "Project"); and WHEREAS, Wisconsin Statutes Section 66.521(11)(b)1 :,'., (i) provides that construction work which is let by contract and which has an estimated cost exceedina $5,000 may be financed with industrial revenue bonds only if the contract is let to the lowest responsible bidder and pro- posals for the contract are advertised by publishing a class 2 notice under Wisconsin Statutes Chapter 985 and (ii) prohibits discrimination in subcontracting, access or employment based on race, creed, sex_, handicap, ethnic origin, age or marital status with regard to construction, use and operation of projects financed under the Act; and WHEREAS, representations have been made to the Municipality (i) that compliance with the notice and public bidding requirements in the first sentence of wisconsin Statues Section 66.521(11)(b)1 may impair the prompt and efficient completion of the Project (a) because of the delays associ- ated with those requirements and (b) because they may pro- hibit 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 and (ii) that while the Borrower supports non-discrimi- nation policies of the type contained in Wisconsin Statutes Section 66.521(11J(b)1, the Borrower would prefer to handle the non-discrimination aspects of the Project in its revenue agreement with the Municipality since it is unclear what is substantiively required of the Borrower in order to comply with the non-discrimination provisions of Wisconsin Statues Section 66.521(11)(b)1 or what the remedies are for failing to comply with those provisions and because a prospective bondholder must be able to satisfy itself that the validity of the bonds will not be subject to attack for failure of the Borrower to comply with unclear statutes; and 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)1; NOW, THEREFORE, IT IS RESOLVED: 1. This Common Council finds (i) that the imposition of the public notice and bid- ding 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 responsi- ble bidder" as that term is used in Wisconsin Statutes Section 66.521(11j(b)1 and (ii) that the non-discrimination requirements of Wisconsin Statutes Section 66.521(11)(b)1 are more appropriately handled in the revenue agreement between the Borrower and the Municipality since it is unclear what is substantively required of the Borrower in order to comply with the non-discrimination provisions of Wisconsin Statutes Section 66.521(11)(b)1 or what the remedies are for failure to comply with those provisions and because a prospective bondholder must be able to satisfy itself that the validity of the bonds will not be subject to attack for failure of the Borrower to comply with unclear statutes. 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 if the revenue producing agreement for the financing contains a non-discrimination provision satisfactory to the Municipality. -2- � FURTHER RESOLVED, that the Clerk is directed to publish this resolution as a class 1 notice under Wisconsin Statutes Chapter 985 (relating to publication of of£icial notices) in a newspaper eligible to make such a publication for the Municipality. Dated: November 2 , 1984 z a'_ � :�����T ;6s � ? �_ � JTW26 ' a� t 1; iiN� t� <' � ' �d��3�SO9� —3— � , / i' /J��'���;/ i�,,�, � ����''/��`/t:'.'v':. 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