CCR19900070
I.
COMMON COUNCIL - CITY OF MUSKEGO
RESOLUTION # 7-90
WISCONSIN DEPARTMENT OF DEVELOPMENT ON BEHALF OF CITY OF MUSKEGO'S
A RESOLUTION AUTHORIZING SUBMISSION OF AN APPLICATION TO THE
PARTICIPATION IN THE WISCONSIN DEVELOPMENT FUND PROGRAM
Development Fund (WDF) economic development program, administered by
WHEREAS, federal monies are available under the Wisconsin
the Wisconsin Department of Development (DOD), for the purposes of
economic development, and
Committee has recommended that an application be submitted to the
Wisconsin DOD for the following project:
WHEREAS. after public meeting and due consideration, the Finance
A WDF loan not to exceed $750,000 to an Industrial Park business
to assist the firm in the expansion of its business in the City of
Muskego, with the firm expending at least $750,000 in private
funds.
WHEREAS, it is necessary for the Common Council to approve the
preparation and filing of an application for the City to receive funds
from this program, and
project and the benefits to be gained therefrom, and
WHEREAS, the Common Council has reviewed the need for the proposed
participation plan in order to receive funding from the WDF program.
WHEREAS, it is necessary for the Common Council to adopt a citizen
NOW, THEREFORE, BE IT RESOLVED, that the Common Council of the
City of Muskego does hereby approve and authorize the preparation and
filing of a WDF application for the above-referenced project, and
BE IT FURTHER RESOLVED, that the Mayor and City Clerk are hereby
authorized to sign all necessary documents on behalf of the City, and
BE IT FURTHER RESOLVED, that authority is hereby granted to the
Mayor or his designee to take the necessary steps to prepare and file a
WDF application for funds under this program in accordance with this
resolution, and
the City of Muskego Citizen Participation Plan.
BE IT FURTHER RESOLVED, that the Common Council does hereby adopt
Adopted on this 9th day of January, 1990.
ATTEST:
Jean Marenda, Clerk Wayne Salentine, Mayor