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CCR2017011-LOC Edgewater Heights COMMON COUNCIL - CITY OF MUSKEGO RESOLUTION #011-2017 REDUCTION TO LETTER OF CREDIT FOR EDGEWATER HEIGHTS SUBDIVISION WHEREAS, The developer of the Edgewater Heights Subdivision has submitted a request for a reduction to the Letter of Credit; and WHEREAS, The City Engineer and Finance Committee have recommended that the Letter of Credit be reduced to $561,998.13. NOW, THEREFORE, BE IT RESOLVED That the Common Council of the City of Muskego, upon the recommendation of the Finance Committee, does hereby approve that the Letter of Credit for Edgewater Heights Subdivision be reduced to $561,998.13. th DATED THIS 14 DAY OF FEBRUARY , 2017. SPONSORED BY: FINANCE COMMITTEE This is to certify that this is a true and accurate copy of Resolution #011-2017 which was adopted by the Common Council of the City of Muskego. ______________________________ Clerk-Treasurer 2/17jmb