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CCR2008056-LOC-Belle Chasse COMMON COUNCIL - CITY OF MUSKEGO RESOLUTION #056-2008 APPROVAL OF REDUCTION IN LETTER OF CREDIT Belle Chasse Subdivision Phase One WHEREAS, City Engineers R. A. Smith & Associates, Inc. have recommended a reduction in the letter of credit for the Belle Chasse Subdivision Phase One in the amount of $246,800.64; and WHEREAS, The Finance Committee has recommended that the letter of credit for the Belle Chasse Subdivision Phase One be reduced by $246,800.64. 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 reduction in the letter of credit for the Belle Chasse Subdivision Phase One in the amount of $246,800.64. DATED THIS 27TH DAY OF MARCH , 2008. SPONSORED BY: FINANCE COMMITTEE Ald. Bob Melcher Ald. Neil Borgman Ald. Keith Werner This is to certify that this is a true and accurate copy of Resolution #056-2008 which was adopted by the Common Council of the City of Muskego. ______________________________ Clerk-Treasurer 3/08jmb