CCR1990258COMMON COUNCIL - CITY OF MUSKEGO
RESOLUTION #258-90
APPROVAL OF LOAN TO BIG MUSKEG0 LAKE/BASS BAY
PKOTECTION & REHABILITATION DISTRICT
WHEREAS, the Big Muskego Lake/Bass Bay Protection and
Rehabilitation District has experienced a cash flow problem due
to unpaid assessments in 1990 which will be placed on the tax
roll for collection in 1991, and
WHEKEAS, the Board of Commissioners of the Big Muskego Lake/Bass
Bay Protection and Rehabilitation District has requested a loan
in the amount of $1,000.00 from the City to alleviate this cash
flow situation, and
WHEREAS, the Finance Committee has recommended approval.
NOW, THEREFORE, BE IT RESOLVED that the Common Council of the
City of Muskego, upon the recommendation of the Finance
Committee, does hereby approve a loan in the amount of $1,000.00
to the Big Muskego Lake/Bass Bay Protection and Rehabilitation
District with interest at 8.0% to be repaid no later than
September 30, 1991.
DATED THIS 13th DAY OF November , 1990.
FINANCE COMMlTTEE
Ald. Daniel J. Hilt
Ald. Edwin P. Dumke
Ald. Harold L. Sanders
ATTEST :
City Clerk
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