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CCR2019004-LOC Muskego ALF COMMON COUNCIL - CITY OF MUSKEGO RESOLUTION #004-2019 APPROVAL OF REDUCTION OF LETTER OF CREDIT FOR MUSKEGO ALF, LLC WHEREAS, The developer of Muskego ALF, LLC 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 fully released in the amount of $517,046.00. 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 Muskego ALF, LLC be fully released in the amount of $517,046.00. TH DATED THIS 8 DAY OF JANUARY , 2019. SPONSORED BY: FINANCE COMMITTEE This is to certify that this is a true and accurate copy of Resolution #004-2019 which was adopted by the Common Council of the City of Muskego. ______________________________ Clerk-Treasurer 1/19jmb