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CCR1992320COMMON COUNCIL - CITY OF MUSKEG0 RESOLUTION #320-92 Deferring Payment of Special Assessment (Kohne) WHEREAS, the Common Council of the City of Muskego previously adopted Resolution #153-82 deferring payment of the Special Assessment of the Joan and James Kohne Property, Tax Key No. 2190.999.001; and WHEREAS, the deferral period for said assessment expired on July 26, 1992; and WHEREAS, a partial payment of $921.45 principal and $254.76 interest was made on August 14, 1985 in accordance with Resolution #102-85. NOW, THEREFORE, BE IT RESOLVED that the Common Council of the City of Muskego, at the request of the owners of the Joan and James Kohne property, Tax Key No. 2190.999.003 and upon the recommendation of the Public Utilities Committee as follows: 1. That the assessment deferred by Resolution #153-82 and interest due or to become due thereon is deferred for five years from the date of this Resolution, but only pursuant amended; Resolution #112-86; and Resolution #25-89, unless to the terms and conditions of Resolution #28-85, as specifically amended by this Resolution. 2. That interest shall be charged at the rate of 9.0% per annum on the unpaid balance of $13,977.66 which includes assessment is paid in full. one year's interest of $1,154.12 until the entire 3. That partial payments of a minimum of $5,000 may be made on this assessment at any time. BE IT FURTHER RESOLVED that this Resolution is subject to the approval of the City Attorney. DATED THIS DAY OF , 1992. SPONSORED BY: Ald. David J. Sanders This is to certify that this is a true and accurate copy of Resolution #320-92 which was adopted by the Common Council of the City of Muskego. REMOVED FROM AGENDA 12/22/92 City Clerk 0 12/92 jmb