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Waukesha council approves special assessment and 15-year, 2% financing for Silvernail Road sewer project
Summary
The Common Council approved a final resolution to assess property owners for installation of sanitary sewer along Silvernail Road, adopting 15-year financing at 2% interest and preserving an option to prepay; residents had urged lower rates and raised affordability concerns.
The Waukesha City Common Council approved a final resolution to assess property owners for the installation of sanitary sewer along Silvernail Road and associated road reconstruction, adopting a 15-year financing term at 2% interest.
The measure, approved after public comment and Board of Public Works review, sets the assessment at roughly $17,711.67 per affected parcel with the option to prepay the assessment (no interest) within the statutory prepayment window. The council vote to adopt the resolution was recorded as passed (yes: 11, no: 0) at the meeting.
The decision follows months of public discussion and three steps of formal consideration: preliminary engineering and notification, a preliminary assessment, and Board of Public Works final recommendation. At the Board of Public Works meeting staff noted that the board moved to…
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