CCR2020088-LOC Pellmann Farm
COMMON COUNCIL - CITY OF MUSKEGO
RESOLUTION #088-2020
APPROVAL OF LETTER OF CREDIT REDUCTION
FOR PELLMANN FARM LLC
WHEREAS, The developer of The Glen at Pellmann Farm LLC has submitted a request
for a reduction to the Letter of Credit; and
WHEREAS, The Public Works and Development Director and Finance Committee have
recommended that the Letter of Credit be reduced by $257,369.32, leaving a remaining
balance of $30,000.00.
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 Pellmann Farm LLC be reduced by $257,369.32.
TH
DATED THIS 10 DAY OF NOVEMBER 2020.
SPONSORED BY:
FINANCE COMMITTEE
This is to certify that this is a true and accurate copy of Resolution #088-2020, which
was adopted by the Common Council of the City of Muskego.
______________________________
Deputy Clerk
11/20jmb