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CCR1975117RESOLUTION #117-75 GRANTING ONE YEAR EXTENSION TO T. BUS'S FOR BUILDING IN INDUSTRIAL PARK WHEREAS Suburban Asphalt Co. has purchased Lot 7, Block 2, in the Muskego Business/Industrial Park, and WHEREAS plans now call for the construction of a tennis club on the parcel purchased, and WHEREAS they have requested that the Common Council extend for 12 months the time required for beginning construction, and WHEREAS the request is necessary because of the difficulty in finding sufficient capital to begin construction of the recreational facility, and e WHEREAS Suburban Asphalt has advised the Finance Committee that in the event financing is not available, they plan to construct a multiple warehouse and office complex, and WHEREAS the Finance Committee has recommended approval of the request. THEREFORE BE IT RESOLVED that the Common Council of the City of Muskego, recognizing the problem of acquiring financing at this time, does hereby accept the recommendation of the Finance Committee to ex- tend for a period of not more than 12 months the time in which constuc- tion of a building acceptable to the City must begin on Lot 7, Block 2 e in the Muskego Business/Industrial Park owned by Suburban Asphalt Co. DATED THIS 2A DAY OF Y 1975 FINANCE COMMITTEE Paul J. Schaumberg Edwin P. Dumke - City Clerk