CCR1990064COMMON COUNCIL - CITY OF MUSKEG0
RESOLUTION #64-90
RESOLUTION AS TO DEFERRED WATER ASSESSMENTS
WHEREAS, in the past the policy has been to compound interest on
that policy to charge simple interest.
deferred water assessments, and now the City wishes to change
NOW, THEREFORE, BE IT RESOLVED that the Common Council of the
City of Muskego, upon the recommendation of the Public Utilities
Committee, does hereby change its policy of compounding interest
on deferred water assessments to charge simple interest, as
87, #46-87, #47-87, 1/61-88, 4/69-89 and //162-89, and any
established in but not limited to, Final Resolution #176-86, 4145-
amendments thereto.
BE IT FURTHER RESOLVED that this policy shall apply to all water
assessments levied after the date of this resolution and
effective November 1, 1990 for those assessments already levied
by the above Final Resolutions.
DATED THIS 27th DAY OF March , 1990.
PUBLIC UTILITIES COMMITTEE
Ald. Harold L. Sanders
Ald. William T. Simmons
Ald. David J. Sanders
ATTEST :
City Clerk
3/90
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