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CCR1978057RESOLUTION # 57-78 AFFIRMING AGREEMENT BETWEEN SANITARY DISTRICT NO. I OF THE TOWN OF NORWAY AND THE CITY OF MUSKEG0 WHEREAS, by Resolution #27-78, the Mayor and City Clerk were authorized to execute an Agreement between the parties establishing the conditions under which the Lake Denoon area would use the Town of Norway Sewer District sewer facilities; and, WHEREAS, a final Agreement has been tendered to the City and approved by the City Attorney; and, WHEREAS, said Agreement provides in part that the City shall pay to the District the sum of $432,819.06, plus interest thereon from January I, 1978 to date of payment at 5y0, such payment to be made within one year from date of the Agreement; NOW, THEREFORE, BE IT RESOLVED by the Common Council that the City does affirm said payment to be made to the District and does direct the Finance Committee to make the appropriate investigation and within the time designated to recommend appropriate method of financing for said payment. Dated th is ag qaY of mcrrs/e~, r 1978. CITY OF MUSKEG0 U Y / MAYOR ATTEST: CLERK