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HomeMy WebLinkAboutResolution 1992 (62) RESOLUTION AUTHORIZING APPLICATION FOR STATE TRUST FUND LOAN AND LEVY FOR REPAYMENT Resolution No. ( St. Croix County, Wisconsin WHEREAS, by the provisions of Sec. 67.12(12), Wisconsin Statutes, all municipalities may borrow money for such purposes in the manner prescribed, 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 such purposes. (Municipality as defined by Sec. 24.60(2), Wisconsin Statutes, means a town, village, city, county, public inland lake protection and rehabilitation district, town sanitary district created under *60.71 or *60.72, metropolitan sewerage district created under §60.71, or metropolitan sewerage district created under *66.22 or *66.882, joint sewerage system created under §144.07(4), school district or vocational, technical and adult education district.) THEREFORE, BE IT RESOLVED, that the County of St. Croix, Wisconsin, borrow from the trust funds of the State of Wisconsin, the sum of two hundred ninety -six thousand eight hundred eighty -one dollars ($296,881.00) for the purpose of implementing a comprehensive county-wide public safety radio network to provide communication with public safety providers, i.e., police, fire, emergency medical and county highway maintenance, by upgrading and replacing obsolete public safety radio equipment, and relocating enhanced 9 -1 -1 telephone equipment to a new public safety answering point to provide county -wide 9 -1 -1 service. • The loan is to be payable within 10 years from the 15th day of March preceding the date the loan is made. The loan will be repaid in annual installments with interest at the rate of 5.25 percent per annum from the date of making the loan to the 15th day of March next and thereafter annually as provided by law. BE IT FURTHER 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. BE IT FURTHER 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 implementing a comprehensive county-wide public safety radio network to provide communication with public safety providers, i.e., police, fire, emergency medical and county highway maintenance, by upgrading and replacing obsolete public safety radio equipment and relocating enhanced 9 -1 -1 telephone equipment to a new public safety answering point to provide county -wide 9 -1 -1 service without the consent of the Board of Commissioners of Public Lands. BE IT FURTHER 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. BE IT FURTHER RESOLVED, that this resolution and the aye and no vote by which it was adopted, be recorded, and that the clerk of the County forward this certified record, along with the application for the loan, to the Board of Commissioners of Public Lands of Wisconsin. Supervisor Linda Luckey 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 George Menter voted Yes 3. Supervisor Talley Roquette voted yes 4. Supervisor Arthur Jacobson voted yes 5. Supervisor George Hop voted yes 6. Supervisor Robert Boche voted yes 7. Supervisor Richard King voted yes 8. Supervisor Robert Stephens voted yes 9. Supervisor Walter Cox voted yes 10. Supervisor Herman Jensch voted yes 11. Supervisor Patrick Becker voted yes 12. Supervisor Herbert Rebhan voted yes 13. Supervisor Vernon Dull voted yes 14. Supervisor John Bradley voted yes 15. Supervisor Lennan Nyland voted yes 16. Supervisor William Oemichen voted yes 17. Supervisor _ Herbert Giese voted yes 18. Supervisor Karen Bailey voted yes 19. Supervisor Thomas O'Connell voted yes 20. Supervisor Judith Hayducsko voted yes 21. Supervisor William Radosevich voted Yes 22. Supervisor William Krueger voted yes 23. Supervisor Clarence Malick voted yes 24. Supervisor Bernard Kinney voted yes 25. Supervisor Allen Nyhagen voted yes 26. Supervisor Linda Luckey voted yes 27. Supervisor George Sinclear voted Yes 28. Supervisor Jerome Neumann voted Yes 29. Supervisor voted 30. Supervisor voted 31. Supervisor voted Supervisors Draxler, Peterson and Bauer were absent. A majority vote of the members of the county board of supervisors of the County of St. Croix, State of Wisconsin, having voted in favor of the resolution, it was declared adopted. Dated this /7�1, day of /t�ove.� 6,, , 1992. Offered by: Emergency Communication and Finance Committee NEGATIVE / AFFIRMATIVE 4 ,J 111111110 4 e r ,hatA g ab „ / / / jel ,, 1, - /9 -- 241,LIA k7H, 1 4> a r-2°''' ' -‘e--- STATE OF WISCONSIN COUNTY OF ST. CROIX I. Sue E. Nebo, ft.We . Carty Cle k 00 HEREBY CERTIFY felt fN tea true and canal ow 6 -;.?.. (F adapted by the Carty Bond of Summing; • atfwtraneetngheidnw PI 1 Minya, r J Sue E. Nelson, SL Croft County CUM