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CCR2020085-Surety Bond-Muskego School Apts COMMON COUNCIL – CITY OF MUSKEGO RESOLUTION #085-2020 APPROVAL OF RELEASE OF SURETY BOND FOR MUSKEGO SCHOOL APARTMENTS, LLC WHEREAS, The developer of Muskego School Apartments, LLC has submitted a request for a release of surety bond; and WHEREAS, The Public Works and Development Director has recommended that the Surety Bond in the amount of $165,965.11 be reduced to $0.00 and released in its entirety. 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 Surety Bond in the amount of $165,965.11 for Muskego School Apartments, LLC be reduced to $0.00 and released in its entirety. DATED THIS 27th DAY OF OCTOBER 2020. SPONSORED BY: FINANCE COMMITTEE This is to certify that this is a true and accurate copy of Resolution #085-2020, which was adopted by the Common Council of the City of Muskego. Deputy Clerk 10/20cmc