CCR2003031.
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COMMON COUNCIL - CITY OF MUSKEGO
RESOLUTION #031.2003
A RESOLUTION TO DISSOLVE TAX INCREMENTAL DISTRICT NUMBER 5
WHEREAS, The City created Tax Incremental District No.5 in 1979, and adopted a
project plan that year; and
WHEREAS, The City amended the Tax Incremental District No.5 plan in 1982, and
WHEREAS, The City's goal was to promote growth and development through
implementation of the plan; and
WHEREAS, The City was successful in its efforts to promote the desired development
resulting in TID No.5 presently having an incremental value of $21 ,817,900 and
WHEREAS, The implementation period forTID NO.5 expired 1986; and
WHEREAS, TID No.5 will fulfill all its outstanding liabilities with collection of the
2002/2003 increment.
NOW, THEREFORE, BE IT RESOLVED That TID No.5 is hereby dissolved.
BE IT FURTHER RESOLVED That the City Clerk shall notify the Department of
Revenue that TID No.5 has been dissolved within 10 days of the adoption of the
Resolution.
DATED THIS 11th DAY OF Februarv , 2003.
jl7/(Ø/~j(-fk~ Mark A Slocomb, Mayor
Attest:
~m~ J K. Marenda, CMC
rk- Treasurer
This is to certify that this is a true and accurate copy of Resolution #031-2003 which
was adopted by the Common Council of the City of Muskego.
~Kfi1~- C r -Treasurer
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