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Home My WebLink About28024 / 76-23'�,p'� .�s �''' � . . _ ��c�r t�� _ � � . . . , . . . . _.. . � .a ,. r ; , .. _ .. a .. � . - . . � � r , • _ 1 . . � . � . . � � . . � � � . � z � �r... . . . . . . . . . ., . . � . . �e, . ,'�� The City Council of the City of Oshkosh, Glinnebago Cour,�y, Tr.isconsin, met in regular open, public session at its i�o:�ia� r.;eeting place on February 5, 1q75, a� 7;pp o'clock �.M., �•ri�� the °ollo��ring members present : Council Members : Ydayne C. Chaney, Donald D. Jorgenson, Kathryn ;E. McIlree, Ken R. Schiefelbein, Bernice Teichmiller, George N. Singstock (6) �,�.,� :, and the £o1loTrring members absent: Council Member: Don H. Kutchera � � � (Other business) The following initial resolutions were introduced and read in full: Ii�ITIAL RESOL'JTION authorizing $5ao,000 bonds of the City of osnkosn. B� IT RES� bY the City Council of the City of Oshkosh, ;�i�sconsin, tra� th°re shall be issued the negotiable general obligation conds of said city in the principal amount of $580,000 for the purpose of construct�ng and improving storm sewers. For the purpose of paying t,e =�ari�us ins�allm°nts of principal and interest on said bonds as the�� s°j:e»a11;� mature, �here is hereby levied on all taxable property ip �ai� ciLy a direct ar.nual irrepealable tax sufficient for that DUl'�:�jC. -� ,� � r � � 0 INITIAL RESOLUTION authorizing 300,000 bonds of the City of Oshkosh. BE IT RESOLVED by the City Council of the City of Oshkosh, GJisconsin, that there shall be issued the negotiable general obligation bonds of said city in the principal amount of $300,000 for the purpose of constructing and improving water mains. For the purpose of paying -,he various installments of principal and interest on said bonds as they severally mature, there is hereby levied on all taxable property in said city a direct annual irrepealable tax sufficient for that purpose. INITIAL RESOLUTION authorizing 70,000 bonds of the City of Oshkosh. BE IT RESOLVED by the City Cauncil of the City of Oshkosh, �disconsin, that there shall be issued the negotiable general obligation bonds of said city in the principal amount of $70,000 for the purpose of acquiring a fire engine. For the purpose of paying the various installments of principal and interest on said bonds as they severally mature, there is hereby leviec? on all taxable proper•ty in said city a direct annual irrepealable tax sufficient for that purpose. INITIAL RESOLUTION authorizing 550,000 bonds of the City of Oshkosh. BE IT RESOLVED by the City Council of the City of Oshkosh, �Jisconsin, that there shall be issued the negotiable general obligation bonds of said city in the principal amount of $550,000 for the purpose oi providin� street improvements. For the purpose of paying the various insta�lments of principal and interest on said bonds as they severally mature, there is hereby levied on all taxable property in sai.ci :;i�y a u.il=ec:t d�ir.�ud1 irrepealable tax sufficient for that purpose. -2- F� : - ' � } . ... . .......... . . ..:.._......,..._...�._._.�,..�....�.«. ..�".�__�.._�.____._._._ ........._...�.._.. ._. ........ ......._..._.._ _...._..._._._._ � ; INITIAL RESOLiJTION au'chorizing �250 000 bonds of the City of Oshkosh. BE IT RESOLVED by the City Council of the City of Oshkosh, :�isconsin, that there shall be issued the negotiable general obligation homus of said c?ty in the principal amount of $250,000 for the purpose of proliding improvements to public parks. For the purpose of paying tiz� va»ious installments of principal and interest on said bonds as they severally r�ature, there is hereby levied on all taxable ��'oDe2'Vy in said city a direct annual irrepealable tax sufficient for �hat purpose. It was moved by (� Gj�� . , seconded by �-�1�Y�� , and unanimously adopted that the City Clerk �ause said initial resolutions to be published in the official city :�e��rspaper on February 6 and February 10, 1976. � � � (Other business) There being no further business to come before the City G'ounci? it was moved, seconded and unanimously carried that the �ouncil adjourn. ..=_=S�'. � „i t;V C� P?"k v �� lLG . )C� � \ • � President 0 -3- � 7 S �'=^� Or ��IISCOi1SI�•i ) ) �0:,�::,i`� 0�' 'rIIP�NEBAGO ) . � . _ ,. . ..'. .. �. : � , ,. , . ., . ,' [ _:. .. � , � �...� , �';. . .. ' ' ` .;.. . .. SS. I, CONVERSE C. MARKS, hereby certify that I am the duly quali:ied and acting City Clerk of the City of Oshkosh, Wisconsin, ar.0 2s such official I further certify that attached hereto is a cop;� of excerpts from the minutes of the meeting of the City Council a�' sa�d c��y held on February 5, 1976; that I have compared said coay with the original minute record of said meeting in my official cus�c3y; 2nd tnat said copy is a true, correct and complete trans- cri�t fra� said original minute record insofar as Uaid original record r?la�es to �1,750,000 general obliga�ion bonds of said city. T,�ITNESS my official signature and the official seal of said cit;� �his J�� day of February, 1g76. ( S � A L ) .--';�' :, �/%:/76 . � .. �: --; U :-, s :.: ;. � � � ... . . . .. .... ._._ ..._. . _...._._ ... ._.,... _.._..., _.__ ,. .._.. _...__ ..._. . ._ .. . ,. ' _ ,• . . � . . c � t � � n OFFICIAL PUBLICATION Initial Resolutions The following initial resolutions were introduced at the rebruary 5, 1976 meeting of the City Council of the City of Oshkosh, :�lisconsin, and will be considered for final adoption at the February 19, 1976 meeting of the City Council: INITIAL RESOLUTION authorizing 5 0,000 bonds of the City of Oshkosh. BE IT RESOLVED by the City Council of the City of Oshkosh, Wisconsin, that there shall be issued the negotiable general obligation bonds of said city in the principal a.mount of $580,000 for the purpose of constructing and improving storm sewers. For the purpose of paying the various installments of principal and interest on said bonds as they severally mature, there is hereby levied on all taxable property in said city a direct annual irrepealable tax sufficient for that �urpose. INITIAL RESOLUTION authorizing 300,000 bonds of the City of Oshkosh. BE IT RESOL�TED by the City Council of the City of Oshkosh, ;�lisconsin, that there shall be issued the negotiable general obligation bonds of said city in the principal amount of $300,000 for the purpose of constructing and improving water mains. For the purpose of paying the various installments of principal and interest on said bonds as �hey severally mature, there is hereby levied on all taxable property ,_n said city a direct annual irrepealable ta� sufficient for that purpose. � + • i � �� S . . _.._......... ___,.._...._� _...... .._. ..... .._ . . . .. . . . . _ . ._ . . . . . . 0 INITIAL RESOLUTION authorizing 70,000 bonds of the City of Oshkosh. BE IT RESOLVED by the City Council of the City of Oshkosh, ;iisconsin, that there shall be issued the negotiable general abligation �onds of said city in the principal amount of $70,000 for the purpose of acquiring a fire engine. For the purpose of paying the various _ns�allments of principal and interest on said bonds as they severally �atur�, there is hereby levied on all taxable property in said city a ��rect annual irrepealable tax sufficient for that purpose. INITIAL RESOLUTION authorizing 550,000 bonds of the City of Oshkosh. BE IT RESOLVED by the City Council of the City of Oshkosh, ;:isconsin, that there shall be issued the negotiable general obligation bonds of said city in the principal amount of $550,000 for the purpose of providing street improvements. For the purpose'of paying the various installments of principal and interest on said bonds as they severally mature, there is hereby levied on all taxable property in said city a direct annual irrepealable tax sufficient for that purpose. INITIAL RESOLUTION authorizing 250,000 bonds of the City of Oshkosh. BE IT RESOLVED by the City Council of the City of Oshkosh, �.J�sconsin, that there shall be issued the negotiable general obligation bonds of said city in the principal amount of $250,OQ0 for the purpose oi providing improvements to public parks. For the purpose of paying �ne various installments of principal and interest on said bonds as tney severally mature, there is hereby levied on all taxable property �n said city a direct annual irrepealable tax sufficient for that �u»�ose. -2- , i ;� , �� ,� City Clerk i - - --- - --_„>•', . -,- - ', �_.a --c_-_ .or� - o. - i:-.'�.4" C��I�.E.S OF . =x-=- - - - �_w=.. ' _ . -` __' ., , f��-= v- __ _. - . = - - .i `. i � �A•-� �� _ .•. 5 _. ' . _Y R -- . '_<'.=r' ..^_'_" " _'pvAqi . .v : - ' � ' _ -. =-=v �:_ 5--� !�.� � • �; , vt•� �.'- _' ' ' = �.4?._ A:="' _-_'___' �-''_i�.._ '"' � _ ' r �7 : .�.. ' = ti -- �5 . '-.�. = yF.=C,'- K_:`i=-^I .. .. �!:AN Stu'_' -..', �AM � _--. l0� s-:�:,a» � . S�f.JR. TY �`_�Ci\� � -..'v.LE'Ni5 =4'.��G.W�I_� .' _ti�-_ J. fl. -RA - '�>np Fi. G,^J55 = Ea7 � T.. -`:'M.J:X�Y' -...._TH R.M_'HOMPSON .i.: . A_J:J�� -�r.�E:. W.FOa� ._ __ .."V.'I__.✓`� ?�. Jo��r. `�t. Penca Cit� �� o?�ey Cit� kall 215 C'�=.zrch Avenue Oshkosh, `�II �4901 CtiAPc�1P,i� AND CUTLER I1I V: E ST .. ^ N RO E STR EET CNICAGO o0�03 726-6�30 AREA CODE 3:2 7'.YX 91�-22t-2603 J�nu�y 30, 1976 v:'�:?_P.T R.S:HVLTZ NAt3.!=Y S_W4tTTEN Rf�H.4RD A_MAK4RSK1 RAYMONO A.^YLSTRA E�W�cY S.BROw'ti WENDY C_BI^:DER STEVEN l_CLhP.K MAr"'.K J_KNEcDY HARRY P. LAMHERSON STEPNEN F. STROH JAMES E.JEMZ JAMES E_SPI'JTTO JOHN 5_RICE EMIL 7-3A'IKO TERRENCE M_WAlSH TIMGTHY V.hi<GREE PAUIC.KOSIN JAMESE_LVEBCHOW R'..'1�1/1LD E.ROKO52 7ER�tvCE T.OMEARA R09E�T C_NASH RICHAZD J.S�.OfT J4MES R.RICHAR�50`1 R7HERT P.DAVI$ £ARl T_BYRON JEFFREY I_itliLL�NS RANpALL l_MITCHE�L CHRISTGPNER D_NEWMAN TMUMAS A.WING4DER RICHARD G.SMO�EV STEV£N N_Wf�N� R03ERT w.plLIS,JR_ TERRY A.MCILROY Ti407r-�Y E. PICK.'2El.L WA�TER C.KNIITSON RbNALD E.�ROD£Y GEORGE P. SVIIIVAtJ.JR_ THOMAS R_WO'JLSEY J_RICHARD FISHER,JR_ TIMOTHYF_SCFiWEATFEGER PAUL C.MARENGO Re: �1,750,OOfl City of �shkosh, Wiseonsin Corporate Purpose Bonda, Series 1�7r� �ear John: - rnclosed herewith pleas� find su��sted evidenci�� intro�uction of initial re�olutions t oF gen�ral ob3igation bonds, The enclosed mater upon �nfarmation received fro� you. Please revi priar to council action. As �1.acussed, i�� tne in�.3al resolutior.s svil�. be publis a c 2oc3i ne�s�a�er on rebruary b and Fe 3ry �0 ao brou�::� be� ore trie council for ado on on �Lbru de expec4 to receive so t::a� :�� will be abla io � oP t?:Q bonds and au�horizir�g fin��c their rms of procee�ings aling $1,750,000 1 w�.s dra��ecl based it v�ry carefully u.nd�rs�anding that °�s 2 no�iCe in your � �s��y z�i�ht be y 19 . �orr.!�tion �'ro� D�.ck Jar_sen ol�a��.on �arov�.ciir�� 3e u��a��j Inasmuch as thzre �L'� a�r�a deal ai concern with th� area of Pull ��`sclosur? as _ u� f czr in znunicipal defaui�s and recent a�en3�en�s to tne cur ties . it is very 1ik21y tha� you will b� as�ced to provide repres��atio:� to pro$�ective underwri�sr� along; �h� li�es o�' t;ne + nclosed �xample ��Zich is submitted for your perusal. R:i s/'.:*� � �clost:�.»es C��: ?�,r. �ichard � . 3ansen r`^. Canverse C. Pr�arks Yours very truly, CH�'�P�Afi �.'�D CUTLER -� � � , i3� : �..,�„�� . % _ � T �' . • a � � First National City Bank 95 Wali Street New York, Ne��r York 10015 Attentian: John Berenyi �i / 3anuary 30, 1976 Re: $3,560,000 City of Kenosha, Wisconsin Corporate Purpose Bonds, Series 1976, dated March 1, 1976 Gentlemen: The City of Kenosha acting through its Comptroller hereby states ihat to the best of his knowledge and belief the descriptions and statemer_ts contained in the Official Statement dated January 20, 1976 wiLh respect to the above bonds� and related documents . includino the financial statemen�s, are true and correct in all �aterial respects, and that the City will confirm to the success#'ul bidder by certificate signed on its behalf by the Comptroller and del_vered at the closing that to the best of his knowledge and � belief, such descriptions and statements in the Official Statement and ot�.er financial documents, including any supplements thereto, �� tr,A rime of the acceptance of the bid and at the time of the closino, were and are true and correct in all material respects and < did not and do not contain an untrue statement of a material fact or omit a s�atement of a material fact required to be stated, or ne�ess2ry to make such statements; in the light of the circumstances under which they were made, not misleading. , /s/ Eugene.Schultz Comptroller City of Kenosha b � � � �n � ti � � �� ti � V � , 0 � � � '7� �y k ,� .Q o . � � � � � � � � � � � o� ,� �' o �� ., � � o y �` � � o �� . y � � � � � � � ti � �. � L.. � � � � � `y' � i V p � O � � ~ � � � N '` � � � � � . � ch �