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CCR2007011. . . COMMON COUNCIL - CITY OF MUSKEGO RESOLUTION #011-2007 APPROVAL OF REDUCTION IN LETTER OF CREDIT CANDLEWOOD VILLAGE LLC WHEREAS, Plan Director Jeff Muenkel submitted a request for a letter of credit reduction for Candlewood Village LLC in the amount of $109,896.85; and WHEREAS, The Finance Committee has recommended that the letter of credit for Candlewood Village LLC be reduced by $109,896.85. 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 Candlewood Village LLC in the amount of $109,896.85. DATED THIS 23rd DAY OF January ,2007. SPONSORED BY: FINANCE COMMITTEE Ald. Nancy Salentine Ald. Eileen Madden Ald. Neil Borgman This is to certify that this is a true and accurate copy of Resolution #011-2007 which was adopted by the Common Council of the City of Muskego. 1/07jmb