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2012-878 RESOLUTION NO. 2012- 878 A Resolution authorizing the City Administration to expend funds to provide for the conversion to automated collection of residential trash and recyclables. WHEREAS, the City of Janesville currently utilizes municipal employees to manually collect residential trash and recyclables; and WHEREAS, the Common Council have expressed a desire to convert from the manual collection of residential trash and recyclables to fully automated collected of residential trash and recyclables; and WHEREAS, the conversion from manual collection to fully automated collection is in the best interests and benefit of the City in that it is anticipated to significantly reduce worker injuries and improve service to the citizens of Janesville; and WHEREAS, the Common Council anticipate the conversion to automated collection of residential trash and recyclables through their adoption of the 2012 Sanitation Fund budget; and WHEREAS, certain capital costs will be incurred to provide for the conversion to automated collection of residential trash and recyclables; such cost currently is estimated at $3,150,000 for collection equipment upgrades and the provision of collection carts to residential and other specific customers; and WHEREAS, the Common Council intend to include capital funding through the 2012 tax exempt promissory note issue to facilitate the conversion from manual collection of residential trash and recyclables to fully automated collection of residential trash and recyclables. NOW, THEREFORE BE IT RESOLVED, by the Common Council of the City of Janesville that they hereby approve and authorize the City Administration to expend funds not to exceed $3,150,000 to support the conversion from manual collection of residential trash and recyclables to fully automated collection of residential trash and recyclables; said funds to be utilized to upgrade collection equipment and to provide collection carts to residential and other specific customers. No funds from sources other than 2012 tax exempt obligation promissory note issue are, or are expected to be, reserved, allocated on a long -term basis, or otherwise set aside by the City for the conversion, except as permitted by the Internal Revenue Code of 1986. This declaration of official intent is consistent with the budgetary and financial circumstances of the City. The purpose of this Resolution is to satisfy the "official intent" requirement of the Treasury Regulation Section 1.150 -2. ADOPTED: January 9, 2012 Motion by: McDonald Second by: Voskuil APPROVED: / Councilmember / Aye Nay Pass Absent %z r / , i Dongarra -Adams X Eric J. Levit , City M. !er- Liebert X McDonald X ATTEST: Rashkin X Steeber X ,ice /ii� L Voskuil X Jea A nn Wulf, City Clerk - Treasure APPROVED AS TO FORM: I (1.4-47/W -- ' -- • Wald Klimczyk, City Attorney . _ . Proposed by: Operations Division - Prepared by Operations Division d_' _