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CCR2010092-Tudor Oaks COMMON COUNCIL - CITY OF MUSKEGO RESOLUTION #092-2010 APPROVAL OF CASH DEPOSIT REDUCTION Tudor Oaks Retirement Community WHEREAS, American Baptist Homes of the Midwest has submitted a request to release their cash deposit for the Tudor Oaks Retirement Community project; and WHEREAS, The City Engineer has recommended a cash deposit reduction in the amount of $143,479.20; and WHEREAS, The Finance Committee has recommended a cash deposit reduction for the Tudor Oaks Retirement Community in the amount of $143,479.20 NOW, THEREFORE, BE IT RESOLVED That the Common Council of the City of Muskego, upon the recommendation of the Finance Committee, does hereby approve a cash deposit reduction for the Tudor Oaks Retirement Community in the amount of $143,479.20. TH DATED THIS 27 DAY OF JULY , 2010. SPONSORED BY: FINANCE COMMITTEE Ald. Tracy Snead Ald. Noah Fiedler Ald. Keith Werner This is to certify that this is a true and accurate copy of Resolution #092-2010 which was adopted by the Common Council of the City of Muskego. ______________________________ Clerk-Treasurer 7/10jmb