2019-1687 RESOLUTION NO. 2019-1687
A resolution authorizing the purchase of new election equipment.
WHEREAS, the Common Council intends to purchase new accessible voting equipment; and
WHEREAS, the Common Council intends to fund this project through the 2020 General Fund Note Issue with
new borrowed funds in the amount of $50,000 in 2020 in the form of the issuance of tax exempt general
obligation promissory notes; and
WHEREAS, such above proposed public projects and purposes and the issuance of such promissory notes
will be beneficial to the City and in the best interest of the community.
NOW, THEREFORE, BE IT RESOLVED, by the Common Council of the City of Janesville that:
1. All above recitals are reiterated and incorporated herein as if fully set forth verbatim; and
2. The proposed purchase is hereby approved and the City Administration is fully authorized to
immediately purchase for prompt delivery to, and use by, the City of Janesville Clerk-Treasurer's Office
accessible voting equipment, and to take actions necessary to provide funding in the manner set forth above
but not to exceed $50,000; no funds from sources other than the Notes identified above are, or are expected to
be, reserved, allocated on a long-term basis, or otherwise set aside by the City of Janesville for this acquisition
or project, except as permitted by the Internal Revenue Code of 1986, as amended. This declaration of official
intent is consistent with the budgetary and financial circumstances of the City of Janesville. The purpose of this
Resolution is to satisfy the "official intent requirement" of Treasury Regulation Section 1.150-2.
ADOPTED: August 26, 2019 Motion by: Consent
Second by: Consent
APPROVED' Councilmember Aye Nay Pass Absent
Benson X
Conley X
Mar . r .•, City Manager d2 Farrell X
� / Gruber X
ATT j= Marklein X
Williams X
�4 1/44/11 C� Wolfe X
favid T. Godek, City Clerk-Treasurer
APPROVED AS TO FORM:
Wald Klimczyk, i Attorney
Proposed by: Clerk-Treasurer
Prepared by: Clerk-Treasurer