"He usually let;s us know his vacation schedule"

If let's is the conjunction of "let us", wouldn't that technically read as:

"He usually let us us know his vacation schedule"?

If so, should the "us" in the original sentence be removed?

It doesn't sound right without the "us":

"He usually let's know his vacation schedule"

Or is this an improper sentence altogether, and should be written as:

"He will usually let us know his vacation schedule"

I'm curious, because the original sentence seems to be the most commonly spoken usage.

Any insight would be great!