HomeMy WebLinkAbout32669 / 83-10December l, 1983
4110 RESOLUTION
(CARRIED LOST LAID OVER WITHDRAWN )
PURPOSE: AMENDED AND RESTATED RESOLUTION AUTHORIZING -
MRI DE4ELOPMENT CORP. PROSECT SERIES A AND B
INDUSTRIAL DEVELOPMENT REVENUE BONDS
INITIATED BY: MKI DEVELOPMENT CORP.
BE IT RESOLVED by the Common Council of the City of Oshkosh that the
following attached Amended and Restated Resolution Authorizing City of
Oshkosh Industrial Development Revenue Bonds, Series A and B for the MRI
Development Corporation is hereby approved.
AMENDMENT:
The Put Clause will be restated in all other agreements as
needed. (ie: indenture of trust, etal).
Insurance required in indenture shall be changed from $50,000
deductable to $10,000. There wi11 be no provision for self-
insurance above the $10,000 deductable.
The insurance will be no less than the amount of the bonds
issued and shall be a valued policy.
;1'!B::?ITTED BY
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