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CCR2018005-Recapture Agreement (2)COMMON COUNCIL - CITY OF MUSKEGO RESOLUTION #005-2018 APPROVAL OF RECAPTURE AGREEMENT BETWEEN THE CITY OF MUSKEGO AND THE MUSKEGO NORWAY SCHOOL DISTRICT WHEREAS, The Muskego-Norway School District (MNSD) owns certain lands contained within the City of Muskego (City), which they are in the process of developing into a new Middle School; and WHEREAS, Pursuant to the Water Main Development Agreement, approved by the Common Council and entered into on June 28, 2017, MNSD desires for the City to expand a portion of the municipal water system to provide water access for its development; and WHEREAS, The City has agreed such municipal water system expansion is in the City’s best interests as long as certain commitments regarding the expansion are obtained from MNSD; and WHEREAS, MNSD has agreed to provide financial aids to cover certain of the City’s costs associated with design, construction and related costs in effecting the municipal water system expansion, as stated in the attached Recapture Agreement; and WHEREAS, MNSD wishes to be reimbursed for portions of its financial aid in accordance with the Wisconsin Public Service Commission Water Main Extension Rule, a copy of which is attached to the Recapture Agreement as Exhibit “B”; and WHEREAS, The Finance Committee has reviewed the Recapture Agreement and recommends approval to the Common Council. NOW, THEREFORE, BE IT RESOLVED That the Common Council of the City of Muskego, upon the recommendation of the Finance Committee, does hereby approve the Recapture Agreement between the City of Muskego and the Muskego-Norway School District. BE IT FURTHER RESOLVED That the Mayor is authorized to sign the Recapture Agreement and the City Attorney is authorized to make substantive changes to the Agreement as may be necessary in order to preserve the general intent thereof. DATED THIS 9th DAY OF JANUARY , 2018. SPONSORED BY: FINANCE COMMITTEE This is to certify that this is a true and accurate copy of Resolution #005-2018 which was adopted by the Common Council of the City of Muskego. Clerk-Treasurer 1/18jmb