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CCR2007059. . . COMMON COUNCIL - CITY OF MUSKEGO RESOLUTION #059-2007 APPROVAL OF REDUCTION IN LETTER OF CREDIT Woodland Creek Estates WHEREAS, Engineers Ruekert & Mielke have submitted a request for a letter of credit reduction for Woodland Creek Estates in the amount of $502,010; and WHEREAS, The Finance Committee has recommended that the letter of credit for Woodland Creek Estates be reduced by $502,010. 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 Woodland Creek Estates in the amount of $502,010. DATED THIS DAY OF 27th March ,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 #059-2007 which was adopted by the Common Council of the City of Muskego. 3/07jmb