97-080
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CITY OF SHOREWOOD
RESOLUTION NO. 97- 80
RESOLUTION ACCEPTING A PETITION FOR LEVYING OF WATERMAIN SPECIAL
ASSESSMENTS, DECLARING COST TO BE ASSESSED, ORDERING
PREPARATION OF PROPOSED ASSESSMENT ROLL AND ORDERING AN
ASSESSMENT HEARING FOR MARSH POINTE SUBDIVISION
WHEREAS, the City has received a petition from the developer requesting that watermain special
assessments for Marsh Pointe Subdivision be levied against parcels within the subdivision in the amount
of $145,000, such amount to be spread equally among 29 parcels within the subdivision.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Shorewood, as
follows:
1.) That such petitions, attached hereto and made a part hereof, are hereby accepted.
2.) The cost to be assessed against benefited property owners is estimated to be One Hundred
Forty Five Thousand Dollars ($145,000).
2.) Assessments shall be payable in equal annual installments extending over a period of fifteen
(15) years, the first of the installments to be payable on or before the first Monday in January, 1998, and
shall bear interest at the rate of not more than seven percent (7%) per annum from the date of the adoption
of the assessment resolution.
3.) The City Clerk, with the assistance of the City Engineer shall forthwith calculate the proper
amount to be specially assessed for such improvement against every assessable lot, piece or parcel of land
within the district affected, without regard to cash valuation, as provided by law, and he shall file a copy
of such proposed assessment in his office for public inspection.
4.) A public hearing shall be held on such proposed assessments on the 27th day of October, 1997
in the Council Chambers of the City Hall at 8:00 p.m., and the Clerk shall give mailed and published
notice of such hearing and assessments as required by law.
5. ) The City Clerk shall upon the completion of such proposed assessment notify the Council
thereof.
ADOPTED BY THE CITY COUNCIL, of the City of Shorewood this 22nd day of
September, 1997.
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Kristi Stover, Acting Mayor