CCR1990288COMMON COUNCIL - CITY OF MUSKEG0
RESOLUTION #288-90
A RESOLUTION AS TO THE CITY WATER ASSESSMENT
(Racine/Gemini Vater Project)
art WEKEAS, the City of Xuskego was assessed $7,830.30 as p
the Racine/Gemini Water Project, and
Of
iJHEREAS, this assessment is deferred and increases by 8%
annually, and
UHEREAS, it would be in the best interest of the City to assume
the debt service for the total amount of the assessment at this
that portion of the debt, and
time> thereby reducing the Water Utility's responsibility far
X'dEREAS, the Finance Committee has recommended approval.
NOW, THEREFORE, BE IT RESOLVED that the Common Council of the
Committee, does hereby agree to assume the debt service for the
City of Muskego, upon the recommendation of the Finance
$7,830.30 city assessment for the Racine/Gemini Water Project,
thereby reducing the Water Utility's responsibility for that
portion of the debt.
DATED THIS 11th DAY OF December , 1990. -
FINANCE COMMITTEE
Ald. Daniel J. Hilt
Ald. Edwin P. Durnke
ATTEST;
City Clerk
Ald. Harold L. Sanders