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CCR1989163COMMON COUNCIL - CITY OF MUSKEG0 RESOLUTION #163-89 RESOLUTION AS TO ASSESSMENT OF DOROTHY VESBACH PROPERTY (Woods Road/Lannon Drive West Water Project) (Asmt. District WG - Project "8-89) WHEREAS, the City of Muskego adopted Resolution 11175-86, as amended, establishing a Deferred Assessment Policy as to water, said policy being amended by Resolution 11266-86 and #68-89, and WHEREAS, the City of Muskego wishes to negotiate, pursuant to said policy, a payment of less than the entire assessment upon improvement, which was levied by Resolution i1162-89 only a portion of said property, and WHEREAS, Dorothy Vesbach is the sole owner and mortgage holder of said property and wishes to negotiate concerning said assessment which affects the property legally described as follows: Portion of Tax Key No.2224.999.002 - Assmt. 88 Being a Drt of the SE 114 of the NE 114 and NE 114 of the SE 1 /4 Gf S'ection 16, T 5 N, R 20 E, in the City of' Muskego and referred to as Lots 1, 2, 3 and 4 of the Certified Survey Map approved by the Common Council of the City of Muskego on June 27, 1989, and .~ ~~~- ~ Portion of Tax Key No.2224.999.002 - Assmt. i18 Being a Part of the NE 114 and SE 114 of the SE 114 of Section 76, T 5 N, R 20 E in the City of Muskego and referred to as Lots 5, 6 and 7 of the Certified Survey Map approved by the Common Council of the City of Muskego on June 27, 1989. WHEREAS, the Public Utilities Committee has recommended approval of a proration of the water assessments as follows: The assessable frontage, plus any water main extension costs, will be prorated against the lots abutting the improvements. Assessments will be paid at 125% of their proration. The laterals will be paid on a two year payment plan and the unpaid balance, per lot, will be paid upon sale, if the sale is prior to when it would be be due and payable at the end of the five years, if not paid due under the two year plan. The prorated lot assessments will prior to that time. NOW, THEREFORE, BE IT RESOLVED for valuable consideration acknowledged by both parties as follows: 1. That upon sale of any of the seven (7) lots abutting the $4,262.61, plus interest at 8% per annum on the unpaid balance improvement on Woods Road, a front foot assessment of from the date of this resolution, is due and payable, and if not paid shall be extended on the tax roll and collected as a delinquent real estate tax; however, in any event, all such 0 Resolution #163-89 Page 2 front foot assessments are due five (5) years from the date of the final resolution making the levy which is Resolution #162- due on each parcel is 125% of the total front foot assessment, 89 dated June 27, 1989. It shall be noted that the assessment been paid, there will be no front foot assessment due on any and once the total assessment of $23,870.60 plus interest, has of the 7 lots remaining unsold at that time. 2. That upon sale of any of the 7 lots above, a lateral assessment of $1,540.08 plus interest at 8% per annum is due and payable, and if not paid shall be extended on the tax roll and collected as a delinquent real estate tax; however, in any November 1, 1989 shall be extended on the tax roll and event, the first half of the total lateral costs not paid by half of the total lateral costs not paid by November 1, 1990 collected as if a delinquent real estate tax; and, the second shall be extended on the tax roll and collected as if a delinquent real estate tax. 3. All provisions of Resolutions #175-86, as amended, //266-86, #68-89 and #162-89 shall apply to the property described above and this agreement shall be null and void unless by August 1, 1989 all of the following events have occurred: A. Dorothy Vesbach, as the owner of the land in question, executes this resolution as her agreement, and B. Dorothy Vesbach execute any additional agreement necessary to record this document, and C. Dorothy Vesbach gives the City evidence satisfactory to the City that she is sole owner of all the property in question at the time of acceptance of this resolution and has the right to enter into this agreement, and D. Dorothy Vesbach hereby waives all legal notices required to amend or change special assessments and agree to this special assessment without further action by the City. E. Dorothy Vesbach or her successors, obtains all necessary approvals of the certified survey map which includes the seven divisions as set forth above, and . i . .. Page 3 Resolution #163-89 9 4. That the deferred assessment policy established in Resolutions #175-86, as amended, #266-86 and #68-89 shall apply even if not amended by this resolution, as shall provisions of the conditions of this agreement are met insofar as they are Resolution #162-89 which are not amended by this resolution. DATED THIS 27th DAY OF June , 1989. CITY OF MUSKEG0 WAYNE G. SALENTINE, MAYOR ATTEST: JEAN K. MARENDA, CITY CLERK 6/89 jz Dorothy Vesbach, owner