CCR1997075COMMON COUNCIL - CITY OF MUSKEG0
RESOLUTION #75-97
DISSOLVE TAX INCREMENTAL DISTRICT NUMBER 4
WHEREAS, the City created Tax Incremental District No. 4 in
1979, and adopted a project plan that year, and
WHEREAS, the City's goal was to promote growth and development
through implementation of the plan, and
WHEREAS, the City was successful in its efforts to promote the
desired development resulting in TID No. 4 presently having a
value well over 5% of the City's equalized value, and
WHEREAS, the implementation period for TID No. 4 expired 1986,
and
WHEREAS, TID No. 4 will fulfill all its outstanding liabilities
with collection of the 1996/1997 increment, and
NOW, THEREFORE, BE IT RESOLVED that TID No. 4 is hereby
dissolved; and
BE IT FURTHER RESOLVED that the Clerk-Treasurer shall notify
the Department of Revenue that TID No. 4 has been dissolved
wlthln 10 days of the adoption of this resolution. e ..
DATED THIS 22ND DAY OF APRIL , 1997
SPONSORED BY:
FINANCE COMMITTEE
Ald. Domonic R. D'Acquisto
Ald. David J. Sanders
This is to certify that this is a true and accurate copy of
Resolution #75-97 which was adopted by the Common Council of the
City of Muskego.
Cl&i-Treasurer