Loading...
CCR1977020e RESOLUTION 820-77 (As Amended) APPROVAL OF 1977 CITY OF MUSKEG0 CAPITAL BUDGET WHEREAS, the City of Muskego's Capital Budget Committee has presented to the Common Council the recommended budget for 1977 in the amount of $645,039.82. THEREFORE, BE IT RESOLVED that the Common Council of the City of Muskego upon the recommendation of the Capital Budget Committee does hereby approve of the attached capital budget for the year 1977 in the amount of $645,039.82. DATED THIS B&DAY OF ?&, 1977. Paul J. Schaumberg ATTEST: Amended 2/8/77 CITY OF MUSKEGO PRDPOSED ! 1977 CAPITAL BUDGET i i 1 POLICE DEPARTMENT Miscellaneous Crbe Prevention Equipment $ 764.00 5 Siren System Replacement 2,500.00 Rotary File System 5, 200 -00 2 IBM Electric Typewriters 560.00 2 portable Walkie 'Talkies 1,500.00 Total 10,924.00 Record Player Microfiche Cabinet Microfiche Reader/Printer Card Catalog (Adult) Slide Projector Art Work Case (For Storage) Workroom storage shelves Circulation Desk Panels Total BUILDING INSPECTION DEPARTMENT e Aerial Photography, Mapping and Completing Control surveys Typewriter Update cadastral maps Two File Cabinets Total PARK & RECREATION DEPARTMENT I. Equipment Purchases : Office Desk (secretary) Secretarial-type chair Filing Cabinet One (1) two-way radio Recreation 250.00 525.00 1,560.00 685.50 22.5 -03 85.00 350.00 175.00 3,855.50 69,900.00 1977 Proposed Capital Budget Page 2. PARK & RECREATION DEPT. - cont'd. Office Equipment (Foreman) Piers (Idle Isle Park) Park Truck Two (2) heavy duty commercial lawn mowers Weed Eater Playground Equipment Desk, chair and filing cabinets (push -type) w/trade-in Merry-go-rounds, swing set, free play structures and the like Total , 11. Land Purchases: Land Option - Ward VI Land Option - Ward VI1 Racine Avenue Property Boxhorn Drive Property e Total 111. Department Projects: ,Horn Park * continuing repair of roadway and Jensen Park * park lot, landscaping and improved Mill Valley Diamond Complex * pathways with bleacher pads * parking lot wlentrance road Trees and Shrubs for various parks Tennis Court Lighting * High School tennis courts Schidt Park * Two (2) new tennis courts with landscaping Idle Isle P'ark Repair of boat launch combination basketball/volleyball courts playground area < a Total 5~b -Total 255 .OO 2,40U.00 14,150.00 455 .OO 300 00 3,000.00 $21,780.01 1,078.00 1,100.00 $ 2,178.01 3,148.20 13,750.00 3,071 -77 3,571.70 1,000.00 6,810.65 13,750.00 * LAWCON Funding Project 509. City, 50% LAWCON e a ? 1977 Proposed Capital Budget PUBLIC WORKS DEPARTMEm Storm drainage (Fennimore ditch, Glenbrook, etc.) Equipment L Tractorand mower~xeplacement Concrete breaker (hydqjack hanmer) Large backhoe (replacement) Truck, .plow and sander Major road improvements Page 3. $ ~150,000.00 6,000.00 3,000.00 50,000.00 34,000.00 - (Union Church, Field Dr., Parker Dr.) 100,000.00 Asphalting and sealcoating 100,000.00 Total $443,000.01 COMPLETION OF BASEMENT IN CITY HALL Ceiling, floor, restrooms 20,000.00 INDUSTRTAL PARK WELL 15,000.00 CONTINGENCY 10,000.00 , $645,039.82 \ -. GRAND TOTAL s. .. I c RESOLUTION #20-77 APPROVAL OF 1977 CITY OF MUSKEG0 CAPITAL BUDGET WHEREAS, the City of Muskego's Capital has presented to the Common Council the budget for 1977 in the amount of attached capital budget 1977 in the amount of $643,839.82. DATED THIS Edwin P. Dumke Paul J. Schaumberg ATTEST: / City Clerk / CITY OF MUSKEGO PROPOSED 1977 CAPITAL BUDGET POLICE DEPARTMENT i Miscellaneous Crime Prevention Equipment 5 Siren System Replacement Rotary File System 2 IBM Electric Typewriters Lab & Dark Room Equipment & Chemicals 2 Portable Walkie Talkies Total @ LIBRARY Record Player Microfiche Cabinet Microfiche Readerkinter Card Catalog (Adult) Slide Projector Art Work Case (For Storage) Workrow storage shelves Circulation Desk Panels Total BUILDING INSPECTION DEPARTMENT Aerial Photography, Mapping and Completing 0 Control surveys Typewriter Update cadastral maps Two File Cabinets Total PARK EX RECREATION DEPARTMENT I. Equipment Purchases : Office Desk (secretary) Secretarial-type chair Filing Cabinet One (1) two-way radio Recreation $ 764.00 2,500.00 960.00 1,500.00 2,000.00 2,000.00 i ! 9,724.00 250.00 I 525.00 1,560.00 685.50 225 .OO 85.00 350.00 i 1~7SI 00 i 3,855.50 68,000.00 600 .OO 300.00 1,000 00 69,900.0( 7 LO. 00 1977 Proposed Capital Budget Page 2. PARK & RECREATION DEPT. - cont Id. Office Equipment (Foreman) piers (Idle Isle Park) Park Truck Two (2) heavy duty commercial lawn mowers Weed Eater Playground Equipment e. Desk, chair and filing cabinets ~ (push -type) w/trade-in Merry-go-rounds, swing set, free play structures and the like Total 11. Land Purchases: Land Option - Ward VI Land Option - Ward VI1 Racine Avenue Property Boxhorn Drive Property e Total 111. Department Projects: ,Horn Park * continuing repair of roadway and Jensen Park * park lot, landscaping and improved Mill Valley Diamond Complex * pathways with bleacher pads * parking lot wrentrance road Trees and Shrubs €or various parks Tennis Court Lighting * High School tennis courts * Two (2) new tennis courts with landscaping Idle Isle P'ark Repair of boat launch combination basketball/volleyball courts playground area Schmidt Park Total 255 .OO 2,400.00 14,150.00 455 .OO 300 .OO 3,000.00 ' $21,780.00 I ! c: 1,078.00 1,100.00 i $ 2,178.00 3,071.77 11 ti 3,571.70 Il 1,000.00 6,810.65 13,750.00 3,300.00 - $48,402.32 3-b -Total $72,360.32 * LAWCON Funding Project 507. City, 50% LAVCON ! 1977 Proposed Capital Budget e PUBLIC WORKS DEPARTMENT storm drainage (Fennbore ditch, Glenbrook, etc.) Equipment I Tractor..and mower..xeplacement Concrete breaker (hydxp j ack hammer) Large backhoe (replacement) Truck, plow and sander Major road improvements Asphalting and sealcoating Total (Union Church, Field Dr. , Parker Dr.) COMPLETION OF BASEMENT IN CITY HALL Ceiling, floor, restrooms INDUSTRIAL PARK WELL CONTINGENCY Page 3. $ '150,000.00 6,000.00 3,000.00 50,000.00 34,000.00 100,000.00 100,000.00 $443,000.01 20,000.00 15,000.00' 10,000.00 -. GRAND TOTAL $643,839.8: 4 Regular Meeting of Common Council Held February 8, 1977 Muskego, Waukesha County, Wisconsin, was held in open session Council Chambers. A regular meeting of the Common ~COuncil of the City of and called to order at 8:OO P.M. on February 8, 1977 in the Aldermen present: Leslie J. Constantineau, Charles C. Colburn, E&in p. Dumke, 3onald J. Ford, !dark 3. Pienkos, Paul J. Schamberg and Aaymond 3. Wallner Aldermen absent: iione (Here occurred business not pertinent to the note issue.) RESOLUTION AUTHORIZING THE SALE OF PROMISSORY NOTES 21-77 seconded and unanimously adopted by a roll call vote of to 74 : The following resolution was thereupon duly introduced, WHEREAS this City is presently in need of $650,000 to provide public work or improvement, to-wit: storm sewer extensions, a well for fire protection, road improvements, maps, city hall improvenents, park land and improvements, and for equipment, all as set forth in the 1977 City Capital Improvement Budget; and WHEREAS this Council intends to authorize and issue promissory notes pursuant to Section 67.12(12), Wis. Stats., to finance a part of such projects; and WHEREAS it is now found by this Common Council to be publicly offered for sale; in the best interest of the City that said notes be NOW, THEREFORE, BE IT RESOLVED that the City Clerk be and hereby is directed to cause to be published an invitation in such newspapers and at such times as she may determine and shall cause copies of the official invitation to be forwarded to prospective bidders. (Here occurred business not pertinent to the note issue.) City Clerk-Cbmptroller NOTICE OF SALE $650,000 PROMISSORY NOTES CITY OF MUSKEGO, WISCONSIN City of I,luskego, Waukesha County, Wisconsin, will meet at the NOTICE IS HERESY GIVEN that the Comon Council of the City Hall in the Council Chambers, I4uskego, Wisconsin, on March 8, 1977, at 8:OO P.M., C.S.T., to receive, open and consider bids for the purchase of $650,000 negotiable coupon, general obligation promissory notes of the City issued to pay a part of the costs of public work or improvements, park lands and improvements, equipment, and miscellaneous capital improve- ments on the following terms: Dates and Maturities The notes will be dated April 1, 1977, will be in de- nominations of $5,000 each and will nature on April l in the following years and amounts: Year (s) Amount 1983 $175,000 1984 150,000 1905 1986 135,000 25,000 1987 165,000 Call Provisions Notes maturing in 1986 and 1957 shall be subject to call verse numerical order at the option of the City on April 1, 1985 and prior payment in whole or from time to time in part in in- or any interest payment date thereafter at 101% of par plus accrued interest. Interest April 1 and October 1, commencing October 1, 1977. There is no Interest on the notes will be payable semiannually on each limitation on the nunber of rates bid, but all notes naturing on the sane date must bear interest from date of issue until paid at a single, uniform rate. The difference between the highest and lowest rates bid shall not exceed one and one-half per cent (1-1/2%). Each rate nust be in an integral multiple of 1/20 of 1% and no rate may exceed 7%. No supplemental or "B" coupons 0 will be permitted. Paying Agent bank in the United States desianated bv the successful bidder Principal and interest will be made payable at any suitable City, and the City will pay the reasonable and customary paying within 48 hours after award of-sale, s;bject to approval by the agency charges. CUSIP Numbers The notes will be printed without CUSIP nunbers unless re- quested by the purchaser who must agree in the offer for the notes to pay the cost thereof and to waive. any extension of delivery time due 'to use of the numbers. In no event will the issuer be responsible for the correctness of such nunbers and incorrect nunbers shall not be cause for refusal to accept delivery. Delivery Within 40 days after sale the City will furnish and deliver with a bank in the United States selected by him and approved by at the office of the purchaser or, at his option, will deposit the City as its agent to permit examination by and to deliver to the purchaser the printed and executed notes, the unqualified opinion thereon of bond counsel and a certificate stating that no litigation in any manner questioning their validity is then paid by the purchaser but all other costs will be paid by the City. The purchase price mu.st be paid upon delivery of the notes or within five days after deposit with the delivery agent in funds available for expenditure by the City on the date of payment. threatened or pending. The charge of the delivery agent must be Legal Opinion An unqualified legal opinion will be furnished by Messrs. Quarles & Brady, Milwaukee, Wisconsin. The legal opinion will be printed on the notes at the request of the purchaser. The legal opinion wiil state that the notes are valid and binding obligations of the City, and all the taxable property in the City is subject to the levy of a tax for the principal and interest thereon as the same become due without limitation as to rate or mount. Type of Bid - Amount Sealed bids must be mailed or delivered to the undersigned and must be received prior to the time of said meeting. Each bid nust be unconditional and must be accompanied by a cashier's or certified check or bank draft in the amount of -$13,000, payable to the City Treasurer, to be retained by the City as liquidated damages if the bid is accepted and the bidder fails to comply therewith. The bid authorizing the lowest net interest cost (total interest from date of notes to stated maturities, less any and no bid of less than par plus accrued interest on all of the notes will be considered and the City reserves the right to re- ject any and all bids and to waive any informality in any bid. cash prenim) will be deemed the most favorable. No oral bids BY ORDER OF THE COClElON COUNCIL Bette J. Bowyer, City Clerk-Comp.troller Muskego, Wisconsin 53150 delivered to: EHLERS AND ASSOCIATES, INC., Financial Consultants to the City, First National-Soo Line Concourse, 507 Marquette Avenue, Minneapolis, llinnesota 55402. Telephone: (612) 339-8291 Further information may be obtained from and bids may be .. . . NOTICE OF SALE $650,000 PROMISSORY NOTES CITY OF MUSKEGO, WISCOIISIN at 8:OO o'clock P.M., at the City Hall, Muskego, Wisconsin. These notes will be offered on Tuesday, Prarch 0, 1977, Dated April 1, 1977, the notes will mature on April 1 in the years and amounts as follows: Year (s) Amount _. 1983 $175,000 1904 150,000 1985 25,000 1986 1987 135,000 165,000 All notes maturing 1906 and 1907 are subject to redemption on April 1, 1985. Interest will be payable on October 1, 1977, multiple of 1/20 of 1%, and no rate may exceed 7% per annum. and semiannually thereafter. Each rate must be in an integral An unqualified legal opinion will be furnished by Messrs. Quarles pay a part of the costs of public work or inprovenents, park & Brady, Milwaukee, Wisconsin. The purpose of the notes is to lands and improvements, equipment and miscellaneous capital im-. provenents. BY ORDER OF THE COtII.ION COUTJCIL Muskego, Wisconsin 53150 Bette J. Bowyer, City Clerk-Comptroller Further information may be obtained fron and bids may be delivered to: EHLERS AND ASSOCIATES, INC., 507 Plarquette Avenue, Minneapolis, Minnesota 55402. Telephone: (612) 339-8291.