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CCR2017043-CGS Resolution was rescinded on May 23, 2017. See Resolution #053-2017. COMMON COUNCIL - CITY OF MUSKEGO RESOLUTION #043-2017 RESOLUTION TO AUTHORIZE DEVELOPMENT INCENTIVES FOR CGS PREMIER WHEREAS, Plans were submitted by Interstate Partners for the construction of a new building located at the east end of Commerce Center Parkway; and WHEREAS, The building will be leased to CGS Premier, which is currently located in New Berlin. The company is seeking a site in Muskego that will allow for continued expansion of its business; and WHEREAS, The City has agreed to offer the following development incentives to CGS Premier: An eight-year pay-as-you-go incentive with an annual minimum grant in the amount of $50,000.00 and a maximum of $94,000.00. The net accumulated payments over the eight-year period will not exceed $575,000; and WHEREAS, The Common Council hereby authorizes the City Attorney to prepare a Developer’s Agreement between the City and CGS Premier, to be reviewed by Quarles & Brady. Said Agreement will be placed on a future Council agenda for approval. NOW, THEREFORE, BE IT RESOLVED That the Common Council of the City of Muskego does hereby authorize the financial development incentives to CGS Premier as outlined above. th DATED THIS 9 DAY OF MAY , 2017. SPONSORED BY: CITY OF MUSKEGO COMMON COUNCIL This is to certify that this is a true and accurate copy of Resolution #043-2017 which was adopted by the Common Council of the City of Muskego. ___________________________ Clerk-Treasurer 05/17jmb