90-112
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RESOLUTION NO. 112-90
RESOLUTION RECEIVING FEASIBILITY REPORT
AND ORDERING PUBLIC IMPROVEMENTS
WATERFORD THIRD PHASE
WHEREAS, pursuant to resolution of the Council adopted
September 24, 1990, a report has been prepared by
Orr-Schelen-Mayeron & Associates with reference to the
construction of certain Public Improvements within the
development known as Water ford Third Phase to include
(1) improvements to the State Highway 7 frontage road,
(2) construction of the intersection of State Highway 7 and
Old Market Road, (3) construction of Old Market Road,
(4) installation of watermains, and (5) the closing of slip
ramps onto State Highway 7, and this report was received by
the Council on October 8, 1990.
NOW THEREFORE BE IT RESOLVED by the City Council of the
City of Shorewood as follows:
1. That the improvements as set out hereinabove and for
the areas as above indicated are hereby ordered as proposed
in the feasibility report at an estimated cost of
$ 1 , 1 R q , 000
2. That the total cost of said improvements shall be
assessed directly and entirely against the benefited
property pursuant to that certain Contract for Tax Increment
Finance Development dated June 25, 1990 between the City of
Shorewood and Sherman-Boosalis Interests, Inc.
ADOPTED BY THE CITY COUNCIL OF THE CITY OF SHOREWOOD this
8th day of October, 1990.
~"iTEST: A
( . .. ~. ~... lAJkctt~~\_-~
urence E. Whittaker
City Administrator/Clerk
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Roll Call Votes:
Ayes -Watten, Brancel, Haugen, Gagne
Nays - None
Absent - Stover