2001-07-19 LOC Reduction
e)
5975 Main Avenue N.E.
P.O. Box 9
Albertville, MN 55301
(763) 497-3384
Fax: (763) 497-3210
July 19, 2001
~~.
Highland Banks
Attn: Todd Peterson
701 Central Avenue East
St. Michael, ~ 55376
RE: Leuer-Munstertieger Properties, Inc.
Letter of Credit #18788503
Dear Todd,
Please accept this letter as verification that the above-referenced Letter of Credit may be
reduces from its present $625,885.00 balance to $375,000.00 effective immediately.
Should you have need any further information, please call me.
Sincerely,
~
Linda Goeb
City Administrator
cc: Leuer-Munstertieger Properties