CCR1998078COMMON COUNCIL - CITY OF MUSKEG0
RESOLUTION #78-98
A RESOLUTION TO DISSOLVE TAX INCREMENTAL DISTRICT NUMBER 7
WHEREAS, The City created Tax Incremental District No. 7 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. 7 presently having an incremental value of $50,334,600; and
WHEREAS, The implementation period for TID No. 7 expired 1986; and
WHEREAS, TID No. 7 will fulfill all its outstanding liabilities with collection of the
1997/1998 increment.
NOW, THEREFORE, BE IT RESOLVED That TID No. 7 is hereby dissolved.
BE IT FURTHER RESOLVED That the City Clerk shall notify the Department of
Revenue that TID No. 7 has been dissolved within 10 days of the adoption of the
Resolution.
DATED THIS 28th DAY OF APRIL , 1998.
Attest:
This is to certify that this is a true and accurate copy of Resolution #78-98 which was
adopted by the Common Council of the City of Muskego.
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