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CCR1984172RESOLUTION #I 72-84 AUTHORIZING THE EXPENDITURE OF TIF FUNDS (St. Paul East Drainage Project-TID #2) WHEREAS, the Public Works Committee has recommended that the St. Paul East Drainage Project be completed as a part of the Tess Corners Drainage Project, with work to be performed by the Public Works Department, and WHEREAS, the Finance Committee has recommended approval of the expenditure of TID #2 funds for this project. THEREFORE, BE IT RESOLVED that the Common Council of the City of Muskego, upon the recommendation of the Public Works Committee and the Finance Committee, does hereby authorize the expenditure of TID #2 funds to allow the Public Works Department to perform the necessary work for the St. Paul East Drainage Project to improve storm water drainage east of St. Paul's Church in the Tess Corners area. DATED THIS DAY OF ('n (.+ 0-k , 1984. 0 FINANCE COMMITTEE Ald. Edwin P. Dumke Ald. Ralph Tomczyk vv ATTEST : City Clerk 8/84 jm a any amendments or modifications thereto. the cost to the property benefited as indicated in the report and or modifications thereto, representing an exercise of the police power, have been determined on a reasonable basis and are hereby confirmed. 4. That assessments shown on the report and any amendments 5. That the assessments may be paid in cash in full on or before November 1, 1985 or in ten (10) annual installments to the City Treasurer, installment payments to bear interest at the rate of 9% per annum on the unpaid balance commencing on November 1, 1985 and said first installment being due on the date when real estate taxes are due and annually thereafter. All assessments or installments which are not paid by the date specified shall be extended upon the tax roll as a delinquent tax against the property and all proceedings in relation' to the collection, return and sale of property for delinquent real estate taxes shall apply to such special assessment, except as otherwise provided by statute. 6. That the City Clerk shall publish this resolution as a Class I Notice in the assessment district and mail a copy of this benefited property to every property owner whose name appears on resolution and a statement of the final assessment against the the assessment roll whose post office address is known or can 0 with reasonable diligence be ascertained. CITY OF MUSKEG0 WAYNE G. SALXNTINE, Mayor ATTEST : Charlotte Stewart, Clerk Dated: 8/289/72,84 Published: