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Subject: Communication from the General Manager of the Water Utility wishing to meet with the Finance & Personnel Committee to discuss the rescinding of the financial obligations for Resolution No. 9762 dated April 14, 1997. (Res.09-1410)
Recommendation of the Finance & Personnel Committee on 5-11-09: To rescind the financial obligations of Resolution No. 9762 dated April 14, 1997.
Fiscal Note: The City will forgo a $400 annual fee but will receive the entire lease payment, up to $7,500, from the Racine Yacht Club.