Note: Replaces parentheses and language for greater readability and conformity
with current style.
SB436, s. 222
14Section
222. 66.073 (6) (h) of the statutes is amended to read:
SB436,83,1715
66.073
(6) (h) Acquire, own, hold, use, lease
(as lessor or lessee
), sell or
16otherwise dispose of, mortgage, pledge, or grant a security interest in any real or
17personal property, commodity or service or interest therein subject to s. 182.017 (7).
Note: Deletes parentheses for greater conformity with current style.
SB436, s. 223
18Section
223. 66.073 (8) (a) of the statutes is renumbered 66.073 (8) (a) 2. and
19amended to read:
SB436,84,720
66.073
(8) (a) 2. The contracting municipalities may provide in the contract
21created under sub. (5) for payment to the company of funds for commodities to be
22procured and services to be rendered by the company. These municipalities and
23other persons and public agencies may enter into purchase agreements with the
1company for the purchase of electric power and energy whereby the purchaser is
2obligated to make payments in amounts which shall be sufficient to enable the
3company to meet its expenses, interest and principal payments
(, whether at
4maturity or upon debt service fund redemption
), reasonable reserves for debt service,
5operation and maintenance and renewals and replacements and the requirements
6of any rate covenant with respect to debt service coverage contained in any
7resolution, trust indenture or other security instrument.
SB436,84,15
83. Purchase agreements
entered into under subd. 2. may
, in addition to the
9provisions authorized under subd.. 2., contain
such other terms and conditions
as 10that the company and the purchasers
may determine, including provisions whereby
11the purchaser is obligated to pay for power irrespective of whether energy is
12produced or delivered to the purchaser or whether any project contemplated by any
13such agreement is completed, operable or operating, and notwithstanding
14suspension, interruption, interference, reduction or curtailment of the output of such
15project.
Such
SB436,84,24
164. Purchase agreements
entered into under subd. 2. may be for a term covering
17the life of a project or for any other term, or for an indefinite period. The contract
18created under sub. (5) or a purchase agreement may provide that if one or more of
19the purchasers defaults in the payment of its obligations under
any such a purchase
20agreement, the remaining purchasers which also have
such purchase agreements
21shall be required to accept and pay for and shall be entitled proportionately to use
22or otherwise dispose of the power and energy to be purchased by the defaulting
23purchaser.
For purposes of this paragraph the phrase "purchase of electric power
24and energy" includes any right to capacity or interest in any project.
Note: Subdivides provision, deletes parentheses and replaces and repositions
language for greater conformity with current style. See also the next section of this bill.
SB436, s. 224
1Section
224. 66.073 (8) (a) 1. of the statutes is created to read:
SB436,85,32
66.073
(8) (a) 1. In this paragraph, "purchase of electric power and energy"
3includes any right to capacity or interest in any project.
Note: Moves definition to beginning of paragraph in conformity with current style.
See also the previous section of this bill.
SB436, s. 225
4Section
225. 66.10 of the statutes is renumbered 66.10 (intro.) and amended
5to read:
SB436,85,8
666.10 Official publication. (intro.) Whenever
in under ss. 66.01 to 66.08
7publication is required to be in the official paper of other than a city, and there is no
8official paper, the publication shall be
as follows:
SB436,85,10
9(1) By publication in a paper published in the municipality and designated by
10the officers or body conducting the proceedings
, and if there be.
SB436,85,14
11(2) If no paper
is published in the municipality,
then by publication in a paper
12published in the county
and having which has a general circulation in the
13municipality and
so is designated
by the officers or body conducting the proceedings,
14and by posting in at least
four 4 public places in the municipality
, and if there be also
.
SB436,85,17
15(3) If no
such paper
then is published in the county which has a general
16circulation in the municipality, by
such posting
in at least 4 public places in the
17municipality.
Note: Renumbers provision and replaces language for greater readability and
conformity with current style.
SB436, s. 226
18Section
226. 66.125 of the statutes is amended to read:
SB436,86,4
1966.125 Orders; action; proof of demand. No action shall be brought upon
20any city, village, town or school district order until the expiration of 30 days after a
21demand for the payment of the same shall have been made. If
such an action is
1brought and the defendant fails to appear and defend the
same action, judgment
2shall not be entered without affirmative proof of
such
the demand
, and if. If
3judgment is entered without
such proof
of the demand, the judgment shall be
4absolutely void.
Note: Replaces language and modifies punctuation for greater readability and
conformity with current style.
SB436, s. 227
5Section
227. 66.40 (3) (a) of the statutes is amended by replacing "five" with
6"5".
Note: Replaces word form of number with digit for greater conformity with current
style.
SB436, s. 228
7Section
228. 66.40 (5) (a) of the statutes is amended by replacing "five" with
8"5" and by replacing "two" with "2".
Note: Replaces word form of number with digit for greater conformity with current
style.
SB436, s. 229
9Section
229. 66.40 (8) of the statutes is amended by replacing "ten" with "10".
Note: Replaces word form of number with digit for greater conformity with current
style.
SB436, s. 230
10Section
230. 66.40 (10) (b) of the statutes is renumbered 66.40 (10) (b) (intro.)
11and amended to read:
SB436,86,1712
66.40
(10) (b) (intro.) At any time at or after the filing for condemnation, and
13before the entry of final judgment, the authority may file with the clerk of the court
14in which the petition is filed, a declaration of taking signed by the duly authorized
15officer or agent of the authority declaring that all or any part of the property
16described in the petition is to be taken for the use of the authority. The
said 17declaration of taking shall be sufficient
as if it sets forth
: (1) a all of the following:
SB436,86,1918
1
. A description of the property, sufficient for the identification thereof, to
19which there may be attached a plat or map thereof
; (2) a.
SB436,86,2020
2
. A statement of the estate or interest in
said the property being taken
; (3) a
.
SB436,87,4
13. A statement of the sum of money estimated by the authority to be just
2compensation for the property taken, which sum shall be not less than the last
3assessed valuation for tax purposes of the estate or interest in the property to be
4taken.
Note: Subdivides provision and replaces language for greater conformity with
current style.
SB436, s. 231
5Section
231. 66.40 (13) (a) of the statutes is renumbered 66.40 (13) (a) 1. and
6amended to read:
SB436,87,107
66.40
(13) (a) 1. An authority shall have power to issue bonds from time to time
8in its discretion, for any of its corporate purposes. An authority may issue such types
9of bonds as it may determine, including
(,without limiting the generality of the
10foregoing
), bonds on which the principal and interest are payable
: (1) exclusively:
SB436,87,13
11a. Exclusively from the income and revenues of the housing project financed
12with the proceeds of
such the bonds, or with
such those proceeds together with a
13grant from the federal government in aid of
such
the project;
(2) exclusively
SB436,87,16
14b. Exclusively from the income and revenues of certain designated housing
15projects whether or not they were financed in whole or in part with the proceeds of
16such bonds; or
(3) from
SB436,87,17
17c. From its revenues generally.
SB436,87,21
182. Any of
such the bonds
under subd. 1. may be additionally secured by a pledge
19of any revenues or
(, subject to the
limitation hereinafter limitations imposed
) under
20pars. (b) and (c), a mortgage of any housing project, projects or other property of the
21authority.
SB436, s. 232
22Section
232. 66.40 (15) (L) of the statutes is renumbered 66.40 (15) (L) (intro.)
23and amended to read:
SB436,88,2
166.40
(15) (L) (intro.) To create or to authorize the creation of special funds in
2which there shall be segregated
(a) the
following:
SB436,88,3
31. The proceeds of any loan or grant or both
; (b) all.
SB436,88,5
42. All of the rents, fees and revenues of any housing project or projects or parts
5thereof
; (c) any.
SB436,88,8
63. Any moneys held for the payment of the costs of operations and maintenance
7of any such housing projects or as a reserve for the meeting of contingencies in the
8operation and maintenance thereof
; (d) any.
SB436,88,10
94. Any moneys held for the payment of the principal and interest on its bonds
10or the sums due under its leases or as a reserve for such payments; and
(e) any
SB436,88,11
115. Any moneys held for any other reserves or contingencies
; and to.
SB436,88,13
12(Lm) To covenant as to the use and disposal of the moneys held in
such funds
13created under par. (L).
Note: Subdivides provision for greater consistency with current style.
SB436, s. 233
14Section
233. 66.40 (15) (t) of the statutes is amended to read:
SB436,88,2115
66.40
(15) (t) To covenant to surrender possession of all or any part of any
16housing project or projects upon the happening of an event of default
(, as defined in
17the contract
), and to vest in an obligee the right to take possession and to use, operate,
18manage and control such housing projects or any part thereof, and to collect and
19receive all rents, fees and revenues arising therefrom in the same manner as the
20authority itself might do and to dispose of the moneys collected in accordance with
21the agreement of the authority with such obligee.
Note: Replaces parentheses for greater consistency with current style.
SB436, s. 234
22Section
234. 66.40 (16) of the statutes is renumbered 66.40 (16) (b) (intro.) and
23amended to read:
SB436,89,4
166.40
(16) (b)
(intro.)
In connection with any project financed in whole or in
2part, or otherwise aided by a government
(, whether through a donation of money or
3property, a loan, the insurance or guarantee of a loan, or otherwise
), the authority
4shall also have power to
mortgage do any of the following:
SB436,89,6
51. Mortgage all or any part of its property, real or personal, then owned or
6thereafter acquired
, to grant.
SB436,89,8
72. Grant security interests in
such
its property,
and to issue real or personal,
8then owned or thereafter acquired.
SB436,89,11
93. Issue its note or other obligation as may be required by the government.
For
10purposes of this subsection, "government" includes the Wisconsin housing and
11economic development authority.
Note: Deletes parentheses, subdivides provision and reorganizes and replaces
language for greater conformity with current style. See also the next section of this bill.
SB436, s. 235
12Section
235. 66.40 (16) (a) of the statutes is created to read:
SB436,89,1413
66.40
(16) (a) In this subsection, "government" includes the Wisconsin housing
14and economic development authority.
Note: Moves definition to the beginning of the section consistent with current style.
See also the previous section of this bill.
SB436, s. 236
15Section
236. 66.40 (17) (a) of the statutes is amended to read:
SB436,89,2116
66.40
(17) (a) By mandamus, suit, action or proceeding in law or equity
(, all
17of which may be joined in one action
), to compel the authority, and the
18commissioners, officers, agents or employes thereof to perform each and every term,
19provision and covenant contained in any contract of the authority, and to require the
20carrying out of any or all covenants and agreements of the authority and the
21fulfillment of all duties imposed upon the authority by ss. 66.40 to 66.404.
Note: Deletes parentheses for greater conformity with current style.
SB436, s. 237
22Section
237. 66.402 (1) (b) of the statutes is amended to read:
SB436,90,4
166.402
(1) (b) It may rent or lease to a tenant dwelling accommodations
2consisting of the number of rooms
(, but no greater number
), which it
deems considers 3necessary to provide safe and sanitary accommodations to the proposed occupants
4thereof, without overcrowding.
Note: Deletes parentheses and replaces language for greater conformity with
current style.
SB436, s. 238
5Section
238. 66.402 (1) (c) of the statutes is amended to read:
SB436,90,196
66.402
(1) (c) It shall not accept any person as a tenant in any housing project
7if the person or persons who would occupy the dwelling accommodations have an
8aggregate annual income in excess of 5 times the annual rental of the quarters to be
9furnished
such the person or persons, except that in the case of families with minor
10dependents
such the aggregate annual income
of the person or persons who would
11occupy the dwelling accommodations may exceed 5 times the annual rental of the
12quarters to be furnished by $100 for each minor dependent or by an amount equal
13to the annual income of the minor dependents
; in. In computing the rental for
this 14the purpose of selecting tenants,
there the authority shall
be included
determine and
15include in the rental the average annual cost
(as determined by the authority) to the
16occupants, of heat, water, electricity, gas, cooking range and other necessary services
17or facilities, whether or not the charge for such services and facilities is in fact
18included in the rental.
For the purposes of this subsection, a minor shall mean a
19person less than 18 years of age.
Note: Deletes parentheses and reorganizes and replaces language for greater
conformity with current style. The definition of "minor" is redundant as it does not differ
substantively from the general definition contained in s. 990.01.
SB436,90,21
20Section
239. 66.4025 (1) (a) of the statutes is amended by replacing
21"accomodations" with "accommodations".
Note: Corrects spelling.
SB436, s. 240
1Section
240. 66.4025 (1) (b) of the statutes is amended by replacing
2"accomodations" with "accommodations".
Note: Corrects spelling.
SB436, s. 241
3Section
241. 66.4025 (1) (c) of the statutes is amended by replacing
4"accomodations" with "accommodations".
Note: Corrects spelling.
SB436, s. 242
5Section
242. 66.4025 (2) of the statutes is amended by replacing
6"accomodations" with "accommodations".
Note: Corrects spelling.
SB436, s. 243
7Section
243. 66.4025 (3) (intro.) of the statutes is amended by replacing
8"accomodations" with "accommodations".
Note: Corrects spelling.
SB436, s. 244
9Section
244. 66.403 (5) of the statutes is amended to read:
SB436,91,1510
66.403
(5) Enter into agreements
, (which may extend over any period,
11notwithstanding any provision or rule of law to the contrary) with a housing
12authority or the federal government respecting action to be taken by
such the state
13public body pursuant to any of the powers granted by ss. 66.40 to 66.404
. The
14agreements may extend over any period, notwithstanding any provision or rule of
15law to the contrary;
Note: Deletes parentheses and reorganizes and replaces language for greater
readability and conformity with current style.
SB436, s. 245
16Section
245. 66.404 (1) of the statutes is amended to read:
SB436,91,2117
66.404
(1) Contracts between authority and city. In connection with any
18housing project located wholly or partly within the area in which it is authorized to
19act, any city may agree with an authority or government that a certain sum
(, subject
20to the limitations imposed by s. 66.40 (22)
), or
that no sum
, shall be paid by the
21authority in lieu of taxes for any year or period of years.
Note: Deletes parentheses for greater conformity with current style.
SB436, s. 246
1Section
246. 66.405 (3) (q) of the statutes is amended by replacing
2"incumbrances" with "encumbrances".
Note: Inserts preferred spelling.
SB436, s. 247
3Section
247. 66.414 (2) (e) of the statutes is amended by replacing
4"incumbrance" with "encumbrance".
Note: Inserts preferred spelling.