CCR2017096-Rescind RLF
COMMON COUNCIL - CITY OF MUSKEGO
RESOLUTION #096-2017
RESOLUTION TO RESCIND THE
ACTION TAKEN WITH ADOPTION OF
RESOLUTION #040-2017
WHEREAS, The Common Council, upon the recommendation of the Community
Development Authority (CDA) adopted Resolution #040-2017 entitled, “Approval of
Revolving Loan Fund Application (Schulew LLC d/b/a Legacy Landscaping LLC) (S82
W18510 Gemini Drive,” on April 25, 2017;
WHEREAS, The Resolution approved a Revolving Loan Fund (RLF) application for
$125,000.00 submitted by Schulew LLC d/b/a Legacy Landscaping LLC subject to
several contingencies being met; and
WHEREAS, The applicants could not meet the original collateral required.
NOW, THEREFORE, BE IT RESOLVED That the Common Council of the City of
Muskego does hereby rescind the action taken by the Common Council on April 25,
2017 and withdraws the approval of the RLF loan application submitted by Schulew
LLC d/b/a Legacy Landscaping LLC.
TH
DATED THIS 28 DAY OF NOVEMBER , 2017.
SPONSORED BY:
COMMON COUNCIL
This is to certify that this is a true and accurate copy of Resolution #096-2017 which
was adopted by the Common Council of the City of Muskego.
______________________________
Clerk-Treasurer
11/17jmb