CCR2024.049-Bond Reduction (DCEN)COMMON COUNCIL — CITY OF MUSKEGO
RESOLUTION #049-2024
APPROVAL OF BOND REDUCTION FOR
DCEN,LLC
WHEREAS, DCEN, LLC entered into a Development Agreement with the City for the
development on Crowbar Drive just north of Kelsey Drive; and
WHEREAS, the project has been completed per the Development Agreement and to
the satisfaction of the Director of Public Works and Development; and
WHEREAS, DCEN, LLC has submitted a request for a reduction to its Performance
Bond; and
WHEREAS, The Public Works and Development Director has recommended that the
bond be reduced by $48,744.00, leaving a remaining balance of $0.00.
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 Performance Bond for DCEN, LLC be reduced by $40,620.00 with a remaining
balance of $0.00.
DATED THIS 27th DAY OF AUGUST 2024.
SPONSORED BY:
FINANCE COMMITTEE
This is to certify that this is a true and accurate copy of Resolution #049-2024, which
was adopted by the Common Council of the City of Muskego.
City Clerk
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