2024-2191 RESOLUTION NO. 2024-2191
A resolution authorizing the purchase of two ambulance chassis and remounting two
existing ambulances.
WHEREAS, the Common Council intends to purchase two ambulance chassis and the necessary
related equipment for two remounts in 2024; and
WHEREAS, the Common Council intends to fund this project through the 2024 General Fund
Note Issue with new borrowed funds in the amount of $619,538.48 in 2024 in the form of the
issuance of tax-exempt general obligation promissory notes, as outlined in the following table:
2024 General Fund Note Issue $619,538.48
Total Fire Apparatus Project Funding $619,538.48
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 Fire Department
two ambulance chassis and remounting two existing ambulances., and to take actions necessary
to provide funding in the manner set forth above but not to exceed $619,538.48; No funds from
sources other than the notes or 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.
Motion by: Consent
ADOPTED: January 8, 2023 Second by: Consent
APP VED: Councilmember Aye Nay Pass Absent
Benson X
Kevin M. Lahner, City Manager Burdick X
Jackson X
ATTEST: X
Marshick
_02/)2DA Miller X
Lorena Rae Stottler, City Clerk-Treasurer Neeno X
Williams X
APPROVED AS TO FORM:
Wald Klimczyr, City Attorney
Proposed by: City Manager's Office
Prepared by: City Manager's Office