2016-1352 RESOLUTION NO. 2016 -1352
A Resolution authorizing the City Administration to expend funds to purchase additional
waste collection carts.
WHEREAS, new housing starts and customer cart exchanges have resulted in low
inventory of large waste collection carts; and
WHEREAS, the City must continue to provide waste collection services to owners of
new homes and also accommodate customer requests for cart exchanges; and
WHEREAS, the Common Council hereby find that this expenditure and purchase are in
the best interest of and benefit to the City of Janesville and community;
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 $75,000 for the purchase of waste collection carts; and
BE IT FURTHER RESOLVED by the Common Council that this authorization commits
the Common Council to include $75,000 in the 2017 tax exempt general obligation
promissory note issue for this purpose 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: October 10, 2016 Motion by: Gruber
Second by: Liebert
APPROVED: Councilmember Aye Nay Pass Absent
/46 Deupree X
Gruber X
Mark A. reitag, City Manager Jorgensen X
Liebert X
ATTE - / Marklein X
Tidwell X
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� Williams X
David T. Godek, City Clerk- Treasurer
APPROVED AS TO FORM:
Wald Klimczyk, City Attorney
Proposed by: Operations Division
Prepared by: Operations Division