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HomeMy WebLinkAbout31795 / 82-17April 1, 1982 ll 17 RESOLUTION ?URPOSE: AMEND PROJECT FINa1CItiG �GREEMENT, INDENTURE OF TRUST MORTGAGE, LOAN AND SECURITY AGREEMENT INITIATED BY: DAVID .T. AND LORRAI�iE L. JAMESON WHEREAS, the City of Oshkosh on behalf of David D. Jameson and Lorraine L. Jameson, issued Industrial Development Bonds for the construc- tion of the Jay Manufacturing plant, and WHEREAS, the definition of the word "project" shouid be expanded to include in the project equipment category one Numeridex LC6000 EPC ;ficro- processor, plus accessories. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Oshkosh that the Project Financing Agreement, Indenture of Trust and hlortgage, Loan and Security Agreement entered into on the lst day of September, 1979, are hereby amended to include under the definition of project equipment one Numeridex LC6000 EPC Microprocessor, plus accessories. j BE IT FURTHER RESOLVED that the proper City officials are hereby author- ized and directed to sign appropriate amended agreements effectua[ing this resolution. - 17 - 5li1iDSITTE4 BY APPROVED f�>IENDED PROJEC: FL6,1\CI9G AGP.EEi:citC �/� 1 ..� 'E:A5. a 2.ujecc 'r'inauaing .1g�- "ie.iC '....s � i� ur.ed in� � .� �, _..� 1s[ day of September, 1979, by and anong David D. .lameson and Lorrainc L. Jameson, adult individuals residing in [he S�ace of lJisconsin ("Jamcsons"), and CITY OF OSHKOSH, a Wisconsin municipal mrpor�[ion, (the "Issurcr"), and Valley Bank of Oshkosh, Oshkosh, Wisconsin, ([he "PUrchaser"), relating [o Che issuance of indus[rial developmen[ revenue 6onds, [he proceeds of which were [o be used by [he .lamesons [o finanre Che acquisicion, cons[ruction, equipping and rela[ed improvements referred [o in said agreemen[ as [he "Project'�, and WHEREAS, [he 7amesons, Issuer and Purchaser desire Co amend said financing agreemen[ [o add [o ehe List of "PROJECT EQUIPb(Ei7T" [he £olloving piete of equipment: "Vumeridex LC6C00 EPC P:icroprocesso:, �1us accrssories." NO[J, THEREFORE, IN CONSIDERATION of One Dollar ($1.00) and o[her valuable considera[ion, i[ is hereby agreed tha[ [he PFOSECT FI9ANCItiG ACREEMEVi be amended by espanding the definiCion oF "ProjecC Equipmen['� '- [o include one Numeridir. LC6000 EPC Cticroprocessor, plus accessories. In a11 ocher respects, [he PROJCCT FINAClCI\C AGFEE;fENT is hereby raciEied and confirmed. Ih WIT�ESS WHEREOF, the parties have caused this amended agreemen[ [o be execu[ed by their duly au[horized officers on [his _ day of , 1982. David D. Jameson Lorraine L. Jameson CITY OF OSHKOSN: 8y SEdL William D. Frueh, Ci[y Ptanager ey Edward A. Nokes, Ci[y Comp[roller By Converse C. Plarks, Ci[y Clerk VALLEY BANK OF OSHKOSH: SEAL nY Robert Barker, Presidenc AAIE.CDED IP:U°_".�TURE OF 1'FUS"f ��� I:kItiBLl3, an indenCUre of 'irusc wns enxre� iiiCO =.s o_ _.i� 1sC d.�y oC Septembzr, 1979, by and be[w�een ehe CITT OP OSIIri05II, a IJisconsin municip�l corporation (ehe "Issuer"), and Va11ey Rank of Oshkosh, Oshkosh, l:isconsin, ([he "Pvrchaser"), rela[ing [o [he issuance of industri�l developnen[ revenue bonds, che proceeds of which were [o be used by David D. Jameson and Lorraine L. Jameson [o finance [he acquisiCion, cons[rucCion, eqvippin6 �nd relaCed improvemen[s reEerred Co in saiA Inden[ure oF Trus[ as [he °Projec[��, and WHEREAS, [he ]amesons have reques[ed Issuer and Purchaser [o amend said IndenCUre of Trust ro add to [he lisC oF "PROSECT EQIIIPCIL6T" [he folloving piece of equipment: "Numecidex LC6000 ECC hlicroprocessor, plus accessories", and, '.'HEREAS, Issuer and °crchaszr aze a�aaabla to such aczadmzi[, \OW, THEREFOFE, IN WNSIDERATIO"7 of One Da11ar (51.00) and other valuable consideraCion, i[ is hereby agreed [ha[ Inden[ure of Trus[ be amended by expanding [he defini[ion of "Project Equipmen[° to include one Numeridex LC6000 EPC Clicroprocessor, plus accessories. In a11 o[her respec[s, [he Inden[ure of Trus[ is heceby ra[ified and confirmed. � IN [dIT�ESS WkiEREOF, [he par[ies have caused Chis amended agreemen[ [o be execuCed by their duly au[hocized officers on [he _ day of , 1982. SEAL CITY OF OSHFOSH: William D. Frueh, Ci[y [4anager By Edvard A. Nokes, City Comptroller g�. Converse 0. Llarks. City Clerk VALLEY BANK OF OSHKOSI9: S'u1L By Raber� 6arker. Presiden[ J A�fE:J77ED MORTGAGE� i.OA:,' �KD S�CIiRLTI' ,\CRtE:.E\T �l� lLitF:&F:�S� a:`lor[gage, Loan and $ecvri[y Agreement was eneered in[o as oC [he ls[ day of Sep[ember, 1979, by and be[ween David D. Jameson and Lorraine L. 7ameson, adul[ individuals residing in Che S[ace of 4:isconsin ("Jamesons"), and CITY OF OSHKOS{i, a Wisconsin municipal corporation, ([he "Issurer"), relating [o [he issuance of indus[tial developmen[ revenuz boads, [he proceeds af c+hich �aere [o he used by Che Sanesr,ns to finance Che acyuisi[ion, cons[ruc[ion, equipping and related improvemen[s referred [o in said agreemen[ as [he "Projec[", and Ht(CREAS, [he righ[s of Issuer in said *loagagc, Goan and Securi[y �greemen[ wece assigned [o [he Valley Bank oE Oshkosh, Oshkos-h, Wisconsin, ("ASSignee"), and WHEREAS, [he Samesons and Assignee desire [o amend said Ptor[gage, Luan and Security Agreemzn[ [o adc Co [he list oI "2ii0JHCS cQIi:P):EST" Che folloving piece af equipmen[: "Numeridex LC6000 EPC :ficroprocessor, plus accessories." NOW, THEREFORE, IN CONSIDERATION of One Do11ar ($1.00) and o[her valuable considera[ion, it is hereby agreed [ha[ [he *ioregage, Loan and Securi[y Agreemen[ be anended by expanding [he definieion of "Projec[ Equipmen[" [o include one tiuneridex LCfi000 EPC *licroprocessor, plus accessories. In all o[her respec[s, [he Plor[gage, Loan and Securi[y Agreemen[ is hereby ratified and confirmed. I\ WITNESS lv'HEREOF, Che parties have caused [his amended agreenen[ [o be execu[ed by their duly au[hozi¢ed officers on [his day of . 1982. David D. Jameson Lorraine L. Jameson VALLEY BA�K OF OSHKOSH: SEAL By Robec[ Barker, Presidenc Amendmen[ Approved By— CITY OF OSHKOSH: BY William D. Fcueh, CiCy :lenager SG1L by Edward A. 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