CCR1998033COMMON COUNCIL - CITY OF MUSKEG0
RESOLUTION #33-98
APPROVAL OF ADVANCE TO THE BIG MUSKEG0 LAKEBASS BAY
PROTECTION AND REHABILITATION DISTRICT
WHEREAS, the Big Muskego Lakemass Bay Protection and Rehabilitation District is
applying for a Lake Protection Grant for an alum treatment for Bass Bay; and
WHEREAS, the Lake Protection Grant Program requires the Big Muskego Lakemass
Bay Protection and Rehabilitation District to request reimbursement for the paid cost of
the alum treatment; and
WHEREAS, the Big Muskego Lakemass Bay Protection and Rehabilitation District has
invested their funds in a CD that will not mature until June, 1998; and
WHEREAS, the Board of Commissioners of the Big Muskego Lakernass Bay Protection
and Rehabilitation District has requested a loan in the amount of $50,000 from the City to
pay for the advance needed for an alum treatment.
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 $50,000 to the Big Muskego Lakemass Bay Protection and
Rehabilitation District with interest at 5.3 % to be repaid no later than June 30, 1998.
Dated this lOth day of-, 1998,
0
SPONSORED BY:
FINANCE COMMITTEE
Ald. Domonic R. D'Acquisto
Ald. David J. Sanders
Ald. Nancy C. Salentine
This is to certify that this is a true and accurate copy of Resolution #33-98, which was
adopted by the Common Council.
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