NOTICE TO ELECTORS OF THE TOWN OF FOND DU LAC, WISCONSIN
TAKE NOTICE that the Town Board of the Town of Fond du Lac, Wisconsin (the "Issuer"), at a regular meeting held at Town Hall, W5990 W Pioneer Road, Fond du Lac, Wisconsin, on April 13, 2026, adopted an Initial Resolution pursuant to Section 66.1103 of the Wisconsin Statutes, as amended, expressing the intention to issue not to exceed $10,000,000 of revenue bonds of the Issuer (the "Bonds") on behalf of Redeemer Evangelical Lutheran Church of Fond du Lac, Wisconsin, a 501(c)(3) organization (the "Borrower"). The Borrower desires to complete a project consisting of financing the (i) construction of an approximately 38,423 square foot new school to be located on Esterbrook Road in the Town of Fond du Lac, Wisconsin (the "Facility") and operated by the Borrower as a private school for preschool through 8th grade students, (ii) acquisition and installation of equipment at the Facility, and (iii) payment of professional fees and costs of issuance (collectively, the "Project"), all of which will advance the Borrower's exempt purpose. The Borrower has represented that the net number of full-time equivalent jobs which the Project is expected to create on the Project site is 2.
Pursuant to the terms of Section 66.1103 of the Wisconsin Statutes, all requirements that the Project be subject to the contracting requirements contained in Section 66.1103 are waived, the Borrower having represented that it is able to negotiate satisfactory arrangements for completing the Project and that the Issuer's interests are not prejudiced thereby.
THE BONDS SHALL NEVER CONSTITUTE AN INDEBTEDNESS OF THE ISSUER, NOR SHALL THE BONDS GIVE RISE TO ANY PECUNIARY LIABILITY OF THE ISSUER, NOR SHALL THE BONDS BE A CHARGE AGAINST THE GENERAL CREDIT OR TAXING POWERS OF THE ISSUER. RATHER, THE BONDS SHALL BE PAYABLE SOLELY FROM THE REVENUES AND OTHER AMOUNTS TO BE DERIVED PURSUANT TO THE REVENUE AGREEMENT RELATING TO SAID PROJECT TO BE ENTERED INTO BETWEEN THE ISSUER AND THE BORROWER.
The Initial Resolution may be inspected in the office of the Town Clerk at W5990 W Pioneer Road, Fond du Lac, Wisconsin, during business hours.
TAKE FURTHER NOTICE THAT THE ELECTORS OF THE TOWN OF FOND DU LAC MAY PETITION FOR A REFERENDUM ON THE QUESTION OF THE BOND ISSUE. Unless within thirty (30) days from the date of the publication of this Notice a petition signed by not less than five percent (5%) of the registered electors of the Town of Fond du Lac is filed with the Town Clerk requesting a referendum on the question of the issuance of the Bonds, the Issuer will issue the Bonds without submitting the proposition for the electors' approval. If such petition is filed as aforesaid, then the Bonds shall not be issued until approved by a majority of the electors of the Town of Fond du Lac voting thereon at a general or special election.
Theresa Klapperich, Town Clerk
Town of Fond du Lac, Wisconsin
WNAXLP
April 17 2026
LWIX0500637