HomeMy WebLinkAboutResolutions 1993 (23) •
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RESOLUTION AUTHORIZING BORROWING OF $750,000
FROM THE STATE TRUST FUND FOR
EMERGENCY COMMUNICATION EQUIPMENT
Resolution No. 0 3 (9 3
St. Croix County, Wisconsin
WHEREAS, by the provisions of Sec. 67.12(12), Wisconsin Statutes, all municipalities
may borrow money for public purposes in the manner prescribed therein; and
WHEREAS, by the provisions of Chapter 24, Wisconsin Statutes, The Board of
Commissioners of Public Lands of Wisconsin is authorized to make loans from the State
trust funds to municipalities for public purposes. (Municipality as defined by Sec. 24.60(2),
includes a county.)
THEREFORE, be it resolved by the St. Croix County Board of Supervisors that the
County of St. Croix, Wisconsin, borrow from the trust funds of the State of Wisconsin, the
sum of seven hundred fifty thousand dollars ($750,000.00) for purchasing emergency
communications equipment for the County emergency communications system.
FURTHER, be it resolved that the loan is to be payable within 10 years from the
date the loan is made. The loan will be repaid in annual installments with interest at the
rate of 5.00 percent per annum from the date of making the loan.
FURTHER, be it resolved that there shall be raised and there is levied upon all
taxable property within the County of St. Croix, Wisconsin a direct annual tax for the
purpose of paying interest and principal on the loan as they become due.
FURTHER, be it resolved that no money obtained by the County of St. Croix by
such loan from the state be applied or paid out for any purpose except purchasing
emergency communications equipment without the consent of the Board of Commissioners
of Public Lands.
FURTHER, be it resolved that in case the Board of Commissioners of Public Lands
agrees to make the loan, that the Chair and Clerk of the County of St. Croix, Wisconsin, are
authorized and empowered in the name of the County to execute and deliver to the
Commission certificates of indebtedness, in such form as required by the Commission, for
any sum of money that may be loaned to the County pursuant to this resolution. The Chair
and Clerk of the County will perform all necessary actions to fully carry out the provisions
of Chapter 24 and Sec. 67.12(12), Wisconsin Statutes, and this resolution.
FURTHER, be it resolved that this resolution and the aye and no vote by which it
was adopted, be recorded, and that the Clerk forward this certified record, along with the
application for the loan, to the Board of Commissioners of Public Lands of Wisconsin.
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Supervisor Robert Stephens moved adoption of the foregoing resolution.
The question being upon the adoption of the foregoing resolution, a vote was taken by ayes
and noes, which resulted as follows:
1. Supervisor Thomas Dorsey voted yes
2. Supervisor Robert Draxler voted yes
3. Supervisor George Menter voted yes
4. Supervisor Talley Roquette voted yes
5. Supervisor Arthur Jacobson voted yes
6. Supervisor George Hop voted yes
7. Supervisor Richard Peterson voted yes
8. Supervisor Robert Boche voted yes
9. Supervisor Richard King voted yes
10. Supervisor Robert Stephens voted yes
11. Supervisor Walter Cox voted yes
12. Supervisor Herman Jensch voted yes
13. Supervisor Patrick Becker voted yes
14. Supervisor vacancy in this district voted - --
15. Supervisor Vern Dull voted yes
16. Supervisor John Bradley voted yes
17. Supervisor Len Nyland voted absent
18. Supervisor Larry Bauer voted yes
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19. Supervisor Wm. Oemichen voted yes
20. Supervisor Herbert Giese voted yes
21. Supervisor Karen Bailey voted yes
22. Supervisor Thomas O'Connell voted yes
23. Supervisor Judith Hayducsko voted yes
24. Supervisor Wm. Radosevich voted no
25. Supervisor Wm. Krueger voted no
26. Supervisor Clarence Malick voted y es
27. Supervisor Bernard Kinney voted yes
28. Supervisor Alien Nyhagen voted yes
29. Supervisor Linda Luckey voted yes
30. Supervisor George Sinclear voted yes
31. Supervisor Jerome Neumann voted a h sPn t
A majority vote of the members of the county board of supervisors of the County of St.
Croix, Wisconsin, having voted in favor of the resolution, it was declared adopted.
Dated this 14th day of July , 1993.
Offered by: Emergency Communication and Finance Committee
NEGATIVE AFFIRMATIVE
Art,,
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STATE OF WISCONSIN
COUNTY OF ST. CROIX
Sue E Nelson, St. Croix
Coi dY Clerk. DO HEREBY CERTIFY VW G t
t h e k y ee g o i n c l a Uue a n d 7 7 M / 1 )
adopted by the County Board of Supeivieots
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the meeting _held f`s t 4 / - , / S S 3
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Sus E. Henson. St Crobt County Clot