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PSEM19670601MUNICIPAL SEWER COMMITTEE - CITY OF MUSKEGO • MINUTES OF MEETING HELD JUNE 1, 1967 The meeting opened at 4:00 P.M. Present were Mayor Gottfried, Alderman Wollman, Alderman Budish, City Engineer John Mielke, Attorney Wm. Rielly and Mr. Robert C. Brussat, Vice -President of The Milwaukee Company, a firm which deals in investment securities. Mr. Rielly, Mr. Mielke and Mr. Brussat began the discussion on the financing of the proposed sewer project. 0 Project MSS-1 will be the large interceptor in Highway Y (Racine Ave.) The direct assessments on this project will be $106,182.00. The net amount to be financed by the City would be $62,106.00 on this phase of the project. Project MSS-2-67 will include the stabilization pond and the lift station. Net amount to be financed would be $171,000.00 less $19,000.00 in Federal Aid. Mr. Brussat explained the various ways of financing to the Mayor • and the Committee. He also stated that this would all be done by ordinance. • The Committee was in full agreement that the Council should authorize a short term note for the first two steps of the project in order to get the sewer project under way. Respectfully submitted, Edmund A. Budish, Sec'y. MUNICIPAL SEWER COMMITTEE -, I