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RESOLUTION DECLARING OFFICIAL INTENT TO REIMBURSE EXPENDITURES FROM PROCEEDS OF BORROWING WHEREAS, the City of Beloit, Rock County, Wisconsin plans to undertake capital projects hereinafter (the “Projects
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Resolution declaring official intent is a formal document that states a government entity's intention to undertake a particular action or project.
Government entities at various levels such as cities, counties, states, or federal agencies may be required to file a resolution declaring official intent depending on the specific circumstances.
Resolution declaring official intent should be filled out by including specific details about the proposed action or project, the purpose behind it, and any supporting information.
The purpose of resolution declaring official intent is to provide transparency and formal acknowledgment of a government entity's plans or commitments.
Information such as the project description, budget estimate, timeline, and any relevant legal considerations should be included in a resolution declaring official intent.
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