townofwabeno.org

Town of Wabeno
Forest County
Wabeno, Wi 54566

Resolution No 1
Interest Rate on Borrowing Money

      Be it resolved that we, the Town electors of the Town of Wabeno, being duly assembled at the Annual meeting held on April 16th, 2013, do hereby authorize the Town Board of Wabeno that they are empowered and directed to borrow when necessary at the Laona State Bank Wabeno Branch and that they would loan funds to municipalities to be determined by loan amount, term, current interest rate climate and other contributing factors at the time of the application. The prime rate is currently 3.25% per annum a sum or sums of money not exceeding the aggregate amount appropriated at the budget meeting for the purpose of paying orders and the Town chairman and the Town clerk are hereby authorized and directed to execute on behalf of said Town, and in a manner provided by law, a negotiable note or notes payable the 20th day of August, as evidence thereof.

Resolution No. 2
Disposal of Property


    Be it resolved that we, the Town electors of the Town of Wabeno being duly assembled at the Annual meeting held on April 16th, 2013 do hereby authorize the Town Board of the Town of Wabeno to dispose of Town property real and personal other then property donated to and required to be held by the Town for a special purpose, pursuant to section 60.10(2) (g) of Wisconsin State Statutes.  Property to be sold on bids and to the highest bidder most advantageous to the Town.  The Town Board will have a Special meeting to discuss this with Town people providing the value is more than $5,000.00.

Resolution No. 3
Purchase Land


    Be it further resolved that we, the Town electors of the Town of Wabeno being duly assembled at the Annual meeting held on April 16th, 2013 do herby authorize the Town Board of the Town of Wabeno to purchase land within the Town for present or anticipated industrial development or residential development as pursuant to section 60.10(2) (e) of the Wisconsin State Statutes. The Town Board will have a Special meeting to discuss and let the electors of the Town of Wabeno know what they are doing before any decisions are made .

Resolution No. 4
Raise Money


   Be it further resolved that the Town electors of the Town of Wabeno being duly assembled at the Annual meeting held on April 16th, 2013 do hereby authorize the Town Board of the Town of Wabeno to raise money including levying taxes to pay expenses of the Town, pursuant to Section 60.10(a) 0f the Wisconsin State Statutes.

Resolution No. 5
Depository for Town Funds


  Be it further resolved that the Town electors of the Town of Wabeno being duly assembled at the Annual meeting held on April 16th, 2013, do herby authorize the Town Board of the Town of Wabeno to use the Laona State Bank, Wabeno Branch as the depository agency for the Town of Wabeno funds