CCR2019103-Cash Reduction-Machi
COMMON COUNCIL - CITY OF MUSKEGO
RESOLUTION #103-2019
APPROVAL OF REDUCTION OF CASH DEPOSIT
FOR MACHI PROPERTIES BV LLC (HARVEST COURT)
WHEREAS, Machi Properties BV, LLC entered into a Developer’s Agreement to
construct Harvest Court. The developer has submitted a request for a reduction of the
cash deposit; and
WHEREAS, The Public Works and Development Director and Finance Committee have
recommended that the cash deposit be reduced from $353,760.00 to $124,800.00.
NOW, THEREFORE, BE IT RESOLVED That the Common Council of the City of
Muskego, upon the recommendation of the Finance Committee, does hereby approve
that the cash deposit for Machi Properties BV, LLC be reduced to $124,800.00.
TH
DATED THIS 10 DAY OF DECEMBER 2019.
SPONSORED BY:
FINANCE COMMITTEE
This is to certify that this is a true and accurate copy of Resolution #103-2019, which
was adopted by the Common Council of the City of Muskego.
______________________________
Clerk-Treasurer
12/19jmb