STATE OF WISCONSIN
Town of ________
________ County
The Town Board of the Town of ________, ________ County, Wisconsin, by this resolution, adopted by a majority of the town board on a roll call vote with a quorum present and voting and proper notice having been given, resolves and orders as follows:
The town shall issue its [negotiable coupon or registrable] bonds in the amount of $________ for the purpose of ________.
A direct annual irrepealable tax sufficient in amount to pay and for the express purpose of paying the interest on the bonds as the interest falls due and also to pay and discharge the principal thereof at maturity is hereby levied upon all the taxable property in the town.
The town clerk shall properly post or publish this resolution as required under
s. 60.80, Wis. stats.
Adopted this ______ day of ________, 20__.
[Signatures of town board]
Attest: [Signature of town clerk]
The above resolution was filed in my office on ________ ___, 20__, and recorded in the town bond record book on page ________, on ________ ___, 20__.
[Signature of town clerk]
Notes: This resolution and all other papers connected with the bonding proceeding should be promptly filed by the clerk and so marked, and should at once be recorded (copied) in a book kept for that purpose as required by
s. 67.05 (12), Wis. stats.
A resolution is not necessary for bonds issued to finance low-interest mortgage loans under
s. 62.237, Wis. stats., unless requested by at least 15% of the electors who cast votes for the governor at the last general election. See
s. 67.05 (5) (a), Wis. stats.
