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CITY OF RIVER FALLS: Notice to Electors - Resolutions 5845 and 5846

Friday, June 27, 2014 - 11:20pm

NOTICE TO ELECTORS OF THE
CITY OF RIVER FALLS, WISCONSIN
NOTICE IS HEREBY GIVEN that the following initial resolutions have been adopted at the meeting of the Common Council of the City of River Falls held June 24, 2014:
Resolution No. 5845
INITIAL RESOLUTION AUTHORIZING
$1,525,000 GENERAL OBLIGATION BONDS
FOR STREET IMPROVEMENT PROJECTS
RESOLVED that the City of River Falls, Pierce and St. Croix Counties, Wisconsin, borrow an amount not to exceed $1,525,000 by issuing its general obligation bonds for the public purpose of financing street improvement projects.
Resolution No. 5846
INITIAL RESOLUTION AUTHORIZING $3,005,000
GENERAL OBLIGATION BONDS
FOR COMMUNITY DEVELOPMENT PROJECTS
IN TAX INCREMENTAL DISTRICT NO. 10
RESOLVED that the City of River Falls, Pierce and St. Croix Counties, Wisconsin, borrow an amount not to exceed $3,005,000 by issuing its general obligation bonds for the public purpose of providing financial assistance to community development projects under Section 66.1105, Wisconsin Statutes, in the City\'s Tax Incremental District No. 10.
The Wisconsin Statutes (s. 67.05(7)(b)) provide that the initial resolutions need not be submitted to the electors unless within 30 days after adoption of the initial resolutions a petition is filed in the City Clerk’s office requesting a referendum. This petition must be signed by electors numbering at least 10% of the votes cast for Governor in the City at the last general election. A petition may be filed with respect to any one or more of the initial resolutions.
Dated June 24, 2014.
By Order of the Common Council
Lu Ann Hecht, City Clerk
________________________ (Pub. 07/03/14) WNAXLP


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