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CCR1998096COMMON COUNCIL - CITY OF MUSKEG0 RESOLUTION #96-98 DEVELOPMENT OF BUSINESS PARK ALONG THE MOORLAND ROAD CORRIDOR WHEREAS, The Committee of the Whole of the City of Muskego reviewed the development of the proposed business park along the Moorland Road Corridor; and WHEREAS, Revised projections for TID #8 and financial forecast information prepared by Ehlers & Associates were presented by the Finance Director to the Committee of the Whole to review the economic viability of said development: and WHEREAS, The Committee of the Whole recommended to the Common Council to discontinue pursuing development of a business park along the Moorland Road corridor because of the cost situation due to additional land, sewer and Moorland Road improvement expenses, and loss of business partner NOW, THEREFORE, BE IT RESOLVED That the Common Council of the City of Muskego, upon the recommendation of the Committee of the Whole, does hereby discontinue the pursuit of development of a business park along the Moorland Road corridor at this time due to additional land, sewer and Moorland Road improvement expenses, and loss of business partner DATED THIS 12Ih DAY OF MAY, 1998. SPONSORED BY: COMMITTEE OF THE WHOLE Ald. Mark Slocomb Ald. Patrick Patterson Ald. Donna Woodard Ald. Donald Pionek Ald. Nancy Salentine Ald. Kathy Chiaverotti Ald. David Sanders This is to certify that this is a true and accurate copy of Resolution #96-98 which was adopted by the Common Council of the City of Muskego. 5/98jmb