2001-09-26 LOC Reduction
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September 26, 2001
Highland Bank
Attn: Todd Peterson
701 Central Avenue East
St. Michael, MN 55376
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Re: Leuer-Munstertieger Properties, mc,
Letter of Credit #18788503
Dear Todd,
5975 Main Avenue N.E.
P.O. Box 9
Albertville, MN 55301
(763) 497.3384
Fax: (763) 497-3210
Please accept this letter as verification that the above-referenced Letter of Credit maybe
reduced from its present $375,000.00 to not less than $83,000,00 effective immediately.
Should you require any further information, please contact me.
cc: Leuer-Munstertieger Properties, Inc.
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Linda Goeb
City Administrator