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CCR2023.057-Cash Dep Red-BaselerCOMMON COUNCIL — CITY OF MUSKEGO RESOLUTION #057-2023 APPROVAL OF REDUCTION OF CASH DEPOSIT FOR JAMES BASELER WHEREAS, James Baseler entered into a Development Agreement with the City to construct sanitary sewer for the Baseler Court development located on the south side of Henneberry Drive 2,400 feet east of Hillendale Drive; and WHEREAS, The development is moving forward in a satisfactory manner as determined by the Director of Public Works and Development; and WHEREAS, As a result thereof, James Baseler has submitted a request for a reduction to their cash deposit; and WHEREAS, The Public Works and Development Director has recommended that the cash deposit be reduced by $69,259.91, leaving a remaining balance of $328,705.09. 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 James Baseler be reduced from $397,965.00 to $328,705.09. DATED THIS 5th DAY OF SEPTEMBER 2023. SPONSORED BY: FINANCE COMMITTEE This is to certify that this is a true and accurate copy of Resolution #057-2023, which was adopted by the Common Council of the City of Muskego. City Clerk 9/23cmc