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HomeMy WebLinkAbout32601 / 83-18_.--- , CITY OF OSHKOSH Amended Initial Resolution for Revenue Bonds (ChurchField Medical Services Complex project) WHEREAS, the City of Oshkosh, Wisconsin ("municipality") passed an initial resolution January 21, 1982 AND WHICH WAS APPROVED BY THE City Manager on the same date; providing for the issuance of up to $1,500,000.00 of principal amount in Bonds to finance the Project, a copy of said resolution is attached hereto and made a part hereof, described as Exhibit A, and WHEREAS, the site on which said Project was originally to be built has become unavailable to ChurchField Development Company, an Illinois partnership, its affiliates, assignees or joint ventures (the "Company") and WHEREAS, as the Company wishes to proceed with the development of the project on an alternative site, hereafter the ("New Site") described in Exhibit B attached hereto and made a part hereof. NOW THEREFORE, BE IT RESOLVED: All t2rms� COIICili.1U[1S, stacements and covenants of the Initial Resolution are hereby confirmed from the date of its adoption, except and with the following amendment: a) The Municipality declares the new site of the project "blighted" as defined in the "ACt", which site is legally described in Exhibit B attached hereto and hereby authorizes the City Attorney, if necessary, to take such steps and commence legal proceedings to consummate the "blighting" of said new site .. /� 1 I {/ / so that in the opinion of "Bond Counsel" satisfactory to the Municipality when complete, no further acts or proceedings ace necessary to "blight" said site to allow for the proper issuing of the Bonds herein desccibed. b) The Municipality hereby acknowledges and agrees to the transfer of the site of the Project from that Detailed in Exhibit A of the Initial Resolution to that descri6ed heceby in Exhibit. c) All other terms of the initial resolution shall remain in full force and effect and unmodified except where in conflict with subparagraph a and b above. 2. The City Clerk is directed to: a) Publish notice of adoption of this resolution as a Class 1 Notice under Chapter 985 Wisconsin Statutes, in a newspaper eligible to make such publication for the Municipality in substantially the form of this resolution. b) File with the Secretary of Development of the State of Wisconsin a copy of this resolution and a copy of the Notice of Adoption within ten days following publication of the notice. Adopted , 1983 Clerk Approved_ , 1983 City Manager EXHIBIT B Amended Initial Resolution (Churchfield Medical Services Complex Project) Legal description of new project Site A parcel of land in Government Lot 1, Fractional Sect. 23, T18N, R16E, 16th Ward, City:of Oshkosh, Winnebago County, Wiscansin, being described as follows: Commencing at the intersection of the centerline of Campbell Rd. and the south line of said Government Lot 1, thence west along the south line of Government Lot 1 to a point 560.9' east of the southwest corner of said Lot 1, thence north para- llel with the west line of Government Lot 1 to the centerline of Campbell Road, thence southeasterly along the centerline of Campbell Road to the point of beginning. Generally located directly north of Campbell Creek and west of Campbell Road. Osh Med Serv Bond Is Oshkosh 1, 9/20/83 0 � 1= � ��� -`��- r �i , W ��� � � 4 � � ��9 �mu�i �� v..�.v 1� v ���� �� w . v�� �4 . r. � �� o r �, .. �a� �G rt � O w � ~o NH � n• � � � � � � � � � �