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CCR2008174-LOC-Belle Chasse COMMON COUNCIL - CITY OF MUSKEGO RESOLUTION #174-2008 APPROVAL OF REDUCTION IN LETTER OF CREDIT Belle Chasse Subdivision Phase One WHEREAS, City Engineers R. A. Smith National, Inc. have recommended a reduction in the letter of credit for the Belle Chasse Subdivision Phase One in the amount of $138,333.83; and WHEREAS, The Finance Committee has recommended that the letter of credit for the Belle Chasse Subdivision Phase One be reduced by $138,333.83. 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 $138,333.83. DATED THIS 14TH DAY OF OCTOBER , 2008. SPONSORED BY: FINANCE COMMITTEE Ald. Tracy Snead Ald. Keith Werner Ald. Tina Schaefer This is to certify that this is a true and accurate copy of Resolution #174-2008 which was adopted by the Common Council of the City of Muskego. ______________________________ Clerk-Treasurer 10/08jmb