2022-1966 RESOLUTION NO. 2022-1966
A resolution authorizing the purchase of a new ambulance and remounting of ambulance 9510
WHEREAS, the Common Council intends to fund this project through the 2022 General Fund Note Issue:
New borrowed funds in the amount of $322,888 in 2022 in the form of the issuance of tax-exempt general
obligation promissory notes, as outlined in the following table:
2022 General Fund Note Issue $322,888
Funds on Hand for Project $323,789
Total Fire Apparatus Project Funding $646,677
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 Fire Department a new Ambulance and the
remounting of a Horton coach on a new chassis, and to take actions necessary to provide funding in the manner
set forth above but not to exceed $646,677; no funds from sources other than the Notes or the Available Funds
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; and
ADOPTED: January 10, 2022 Motion by: Consent
Second by: Consent
APPROVED: Councilmember Aye Nay Pass Absent
Benson X
Jackson X
Mark A. Fr tag, City Manager Johnson X
Marklein X
ATTEST: Marshick X
AM/Ai Miller X
Williams X
Lorena Rae Stottler, City Cler -Treasurer
APPROVED AS TO F RM:
Wald Klin czy y Attorney
Proposed by: Fire Department
Prepared by: Fire Department