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CCR1986255RESOLUTION /1255-86 RESOLUTION AS TO ASSESSMENT OF THE BOSTATER PROPERTY WHEREAS, the Cit,? of Muskego adopted Resolution /!219-84 establishing a Deierred Assessment Policy, said policy being amended by Resolutions A28-85 and #112-86, and W254-86 as to the effect of said resolution on the property described below: TAX KEY NO. 2287.998 SW 1 /4 SE 1 f4 h ALL THAT PT S 1 f2 SW 1 f4 SEC 32 T5N R20E COM 1.05 C N OF S 1/4 POST. TH N 19.09 C. TH W 11.93 C TO CTR OF HY, TH S 6.06 C, TH W 80 LKS TO LAKE; TH S 13 3f4 W 8.10 C, TH S 29 3/4 W 5.95 C, TH E 17.61 C TO BGN EX THAT DESCR IN VOLS 2091220. 177186. 2071366 EX 2721469. 2891275. 3221356 OF DEEDS 59.59 AC EX THAT SOLD HY h EX R516/566 EXCHANGE 10/82 and, WHEREAS, the City of Muskego wishes to negotiate, pursuant to by Resolution /\204-77 upon improvement of only a porticsn of said said policy, a payment of less than the entire assessment levied property. of Muskego, upon the recommendation of the Public Sewer NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City Committee, that special assessments for sanitary sewer improvements levied by Resolution #204-77 upon the property described above, shall become due and payable as follows: 1. That upon sale of any of the above described property as share of the total assessment as shown on the attached identified on the attached Exhibit "A", that pro-rated Exhibit "B" as pertains to the Parcel being sold, plus payable. If any part of any of said Parcel A, B, C or D interest from date of this resolution, is due and is sold, the pro-rata share of the total assessment as to assessment shall be extended on the tax roll and collected that entire Parcel is due and payable. If not paid, said as a delinquent real estate tax. However, in any event, all such assessments are due five (5) years from the date of this resolution, unless further extended by the Common Council. 2. All provisions of Resolution t112-86 shall apply to property described above, and this agreement shall be null and void unless within 90 days of passage of this resolution all of the following events occur: A. Arthur H. Bostater, as owner of the land in question, executes this resolution as his agreement; and 1 Robert A. Pagels REGISTERED LAND SURVEYOR 3EVELOPMENT SERVICES A. &stater ." ~" gal Description for Land fronting Yuskego Dam Road PRC&C "C" A11 that part of-the S.W. 1/L of Section 32, Township 5 North, Range 20 East in the City of Muskego, Waukesha Zounty, Wisconsin, bounded and described as follows: Comencing at the South 1/L corner of said Section 32; thence IlOlO LO' 26'W along the S>.-:k. ill: line si said Sectian 32, a distance of lZ3.00 feet to a point on the Northerly right of way line of Muskego Dam Road; thence S88O 20' L2'W along said Xortherly right of way line, a distance of 212.82 feet to the point of beginning of wq line, a distance of 313.88 feet to the Easterly right of way line of County Tnznk ~~.way"Y":C.T.H."Y"); thence N18O 31' 25'15 along the said Easterly right of way 1-, a distance of 190.18 feet: thence N88O 201 &"E parallel with the Northerly right of 'way line of Muskego Dam aoad, a distance of L07.91 feet; thence SIOo 23' 32'W, a estance of 186.10 feet to the point of beginuing. Subject to the rights of the public for hainage purposes on the Easterly 10.00 feet thedof. Contains 1.507 Acres. Legal Description for property lying North of above described lanb. Contanins 4." __._ lvlds to be describe<; thence continue S880 .20' L2"W along said Northerly ri&t of rniL ,a" buildings and ruins of barn. All that part of the S.W. 1/L of Section 32, Township 5 North, Emge 20 East in the Cirp of Yuskego, Waukesha County, Wisconsin, bounded and described as follows: Comencing at the South ?./L corner of said Section 32; thence NO010 40' 26'W along the South 1/L line of said Section 32, .a distance of 133.00 feet to a point on the Northerly right of way lin? of Muskego Dam Road; thence S88O20' L2'W along said Northerly right of way line a distance of 526.10 feet to the Easterly right of way line of county Trunk sighway 'Y (C.T.H. ItYtf); thence N180: 31' 25'15 along said Easterly ri&t of way line. a distance of 190.18 feet to the noint of beainnimz of the lands - - - - . ~~ to be described; thence continue Nl8O 31 I 25'W al ong said Easterly right of way line, a distance of 15.79 feet; thence N13' 03, L2'W alom said Easterly right of way=, a distance of 59.96 feet to the beginning ofa curve con radius of 7589.b feet, a central angle of OOo L81 58'' and a chord whioh bears cave to the East , having a a distance of 108.10 feet to tLi N12' 39' 13"W, 108.10 feet; thence Northerly along said cupvo and right of way line Number b989 as recorded in Volume LO of Certified Survey Maps on pages 279, 280 and 281; thence N88O 20' L2"E along said South Line of said Certified Survey Map 59, ' 1 83.I (C.S.M.), a distance of 182.00 feet to a point of cusp with a CUPYB concave^ to the Southeast, said curve having a radius of 60.00 feet, a central angle of 30' 00' 00" and a chord which bears NL3' 201 U"E, 31.'06 feet; thence Northeasterly along said curve, a distance of 3l.U feet; thence If2'5O 25' 17~ along the Easterly line of said C.S.M., a dietance of 97.84 feet: thence HlOO 33' 3OW along the bterly line of said C.S.M., a distance of 33L.02 feet to the Northeast corner of said C.S.M., thence S6L0 131 55"E. a distance of 471.L1 feet; thence SIOo 23' 32'W, a distance of ~13.L8 feet; thence S8e0 201 U'W parallel with the Northerly right of wsy line of ibkego Dam Road, a distance of L07.91 feet to the point of beginning. Subject to the rights of the public for drainage purposes on the Easterly 10.00 feet thereof. Contains lri536 Acres. .~ . ." ~~ EXHIBIT "8" - BOSTATER PRO-RATION - Total Amount Deferred $14.302.04 0 516.17 Front Ft. 14,302.04 ./. 16.17 = 884.47 Front Feet Interest $14,302.04 X 8% = $1,144.16 Total Amt. = $15,446.20 15,446.20 ./. 884.47 = $17.4637 New Front Foot Rate with Interest Pro-Ration amoung 4 Parcels Parcel A Certified Survey Parcel 446.94 - 110.00(Fr. Ft. paid for house) = 336.94 x 17.4637 = 35,884.21 Parcel B Sketch Parcel 183.85 x 17.4637 = $3,210.70 Parcel C Muskego Dam Parcel 190.18 x 17.4637 = $3,321.24 Parcel D North End Parcel 173.50 x 17.4637 = $3,029.95