HomeMy WebLinkAbout31291 / 81-02RESOLIITION OF THE COI�4"fON COWi CIL
OP THE
CITY OF OSHKOSH
WAIVING THE APPLICA'�ION BY SECTION 66.521 (11) OF THE
WISCONSIN STATUTES TO THE FINANCING OF AN INDUSTRIAL
PFOJECT FOR SNC MANUFACTURING CO., INC.
SdHEREAS, the Common Council has adopted an Initial Resolution - authorizing
not to.exceed $800,000.00 City of Oshkosh Industrial Development Revenue Bonds
to finance the construction of a manufacturing facility and equipment for use
by SNC Manufacturir.g Co., Tnc., pursuant to Section 66.521 of the [disconsin
Statutes, and
[1HEREAS, SNC *lanufacturing Co., Inc., has
struction will consist of a warehouse facility
with related fixtures and equipment, and
represented that the con-
and an office expansion, together
WHEREAS, Section 66.521 (11) (b) of the S4isconsin Statutes requires
competitive bidding for certazn construction contracts, and prohibits
discrimination with regard to the construction and operation of projects
financed pursuant to Section 66.521, unless waived by the governing body
of the municipality under the authority of which the financing is to be
issued.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of
Oshkosh as follows:
1. That the City of Oshkosh will not mntrol the design, costs,
construction or operation of the proposed project of SNC Manufacturing,
Inc., that no public moneys will be expended for the proposed project; that
the principal reasons for requiring competitive bidding for municipal
construction projects have no application to the proposed project of
SNC Manufacturing Co., Inc,; that the achievement of the public
purposes of the proposed revenue bond issue will be most efficiently met by
allowing SNC Manufacturing Co., T_nc., to have full cont:ol over the contracting
for construction of the proposed project;
2. That the City of Oshkosh hereby does waive Lhe applicability of Section
66.521 (11) (b) 1 of the Wisconsin Statutes to the proposed project of SNC
Manufactuting Co., Inc., upon condition that the revenue agreement to be entered
into by the Company and the City contains anti-discrimination clauses
satisfactory to the City;
3. The Clerk shall cause this Resolution to be published together with
the public notice required for the Initial Resolution.
This Resolution Introduced, Approved and Adop.ted
Converse C. Marks, City Clerk
1981.
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