CCR2008130-Moorland-East-Dev-Agreement
COMMON COUNCIL - CITY OF MUSKEGO
RESOLUTION #130-2008
RESOLUTION AUTHORIZING DEVELOPMENT AGREEMENT
WITH MUSKEGO COMMERCE CENTER EAST, LLC
WHEREAS, Muskego Commerce Center East, LLC (the "Developer") is the agent of the
real estate in the City described on Exhibit A attached hereto (the "Property"); and
WHEREAS, the Developer intends to develop the Property to ready it for development
by grading, bringing utilities, and adding roadways (the "Development Project"); and
WHEREAS, the Property is located within the boundaries of the City's proposed Tax
Incremental District No. 10 ("TID No. 10") which has been created by the City for the
purpose of promoting mixed-used development in the City; and
WHEREAS, the development of the Property and the construction of the Development
Project will further the purposes of TID No. 10 and is in the best interests of the City;
and
WHEREAS, in order to obtain for the City and its residents the benefits to be derived
from the construction of the Development Project, the City proposes to enter into a
Development Agreement with the Developer in substantially the form attached hereto as
Exhibit B (the "Development Agreement");
NOW, THEREFORE, be it resolved by the Common Council of the City of Muskego,
Waukesha County, Wisconsin, that the Development Agreement is amended and
approved, and the Mayor and City Clerk are authorized to execute the Development
Agreement, for and on behalf of the City, with such insertions therein or changes and
corrections thereto as shall be approved by the Mayor and City Clerk.
TH
DATED THIS 24 DAY OF JUNE , 2008.
SPONSORED BY:
Mayor John R. Johnson
This is to certify that this is a true and accurate copy of Resolution #130-2008 which
was adopted by the Common Council of the City of Muskego.
____________________________
Clerk-Treasurer