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CCR2017033-City Consent COMMON COUNCIL - CITY OF MUSKEGO RESOLUTION #033-2017 CITY’S CONSENT TO A PROPOSED PARCEL DEVELOPMENT AGREEMENT FOR LOT 3, MEMORANDUM OF PARCEL DEVELOPMENT AGREEMENT AND AGREEMENT WITH SELLER ON DEVELOPMENT LOT 3 IN TAX INCREMENTAL DISTRICT #11 WHEREAS, The City of Muskego entered into a Tax Incremental Development Agreement with Developer, Parkland Towne Center Development, Inc., on June 30, 2016; and WHEREAS, The Development Agreement states that any assignment of certain terms of the Agreement to individual parcel owners, under a Parcel Development Agreement between the Developer and each separate parcel developer/owner, is subject to written approval by the City; and WHEREAS, The Developer has entered into a Parcel Development Agreement with a parcel developer, Landmark Credit Union, for Lot 3 of the development; and WHEREAS, The City along with outside counsel have reviewed the attached Parcel Development Agreement Lot 3, the Memorandum of Parcel Development Agreement and the Agreement with Seller on Development Lot 3, are satisfied that the Agreements are in the best interests of the City and recommend that the City consent to the Agreements. NOW, THEREFORE, BE IT RESOLVED That the Common Council of the City of Muskego, does hereby consent to the Agreements noted above and hereby authorizes the Mayor and Deputy Clerk to sign the necessary documents to accomplish the same. BE IT FURTHER RESOLVED That the City Attorney be and is hereby authorized to make such substantive changes, modifications, additions and deletions to and from the various provisions of said Agreements and similar Agreements, including any and all attachments, exhibits, addendums and amendments, as may be necessary and proper to correct inconsistencies, eliminate ambiguity and otherwise clarify and supplement said provisions to preserve and maintain the general intent thereof, and to prepare and deliver such other and further documents as may be reasonably necessary to complete the transactions contemplated herein. th DATED THIS 18 DAY OF APRIL , 2017. SPONSORED BY: Mayor Kathy Chiaverotti This is to certify that this is a true and accurate copy of Resolution #033-2017 which was adopted by the Common Council of the City of Muskego. _________________________ Clerk-Treasurer 4/2017