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CCR2019065-LOC Pinnacle Peak COMMON COUNCIL - CITY OF MUSKEGO RESOLUTION #065-2019 APPROVAL OF FINAL LETTER OF CREDIT REDUCTION FOR PINNACLE PEAK PROPERTIES LLC WHEREAS, The developer of the Pinnacle Peak Properties LLC has submitted a request for a final reduction of the Letter of Credit; and WHEREAS, The Public Works and Development Director and Finance Committee have recommended that the Letter of Credit be reduced to zero. 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 Pinnacle Peak Properties LLC be reduced to zero. TH DATED THIS 13 DAY OF AUGUST , 2019. SPONSORED BY: FINANCE COMMITTEE This is to certify that this is a true and accurate copy of Resolution #065-2019 which was adopted by the Common Council of the City of Muskego. ______________________________ Clerk-Treasurer 8/19jmb