2003-11-11 LOC Reduction
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MEMORANDUM
1200 25th Avenue South, P.O. Box 1717, St. Cloud, MN 56302-1717
320.229.4300
800.572.0617
320.229.4301 FAX
TO:
Linda Goeb
Albertville City Administrator
FROM:
Peter 1. Carlson, PE
Albertville City Engineer
DATE:
November 11, 2003
RE:
Letter of Credit Reduction
Kollville Estates 3rd Addition
Albertville, Minnesota
SEH No. A-ALBEV0321.00 14 & 7
I have reviewed the work completed to date and recommend that the letter of credit be reduced to
no less than $140,000. This amount represents 10% of the original letter of credit and the cost of
the final bituminous wear course.
Please call me if you have any questions.
cah
Enclosure
c: Mike Couri, City Attorney (w/enclosure)
Alan Brixius, City Planner (w/enclosure)
Scott Dahlke, Quality Site Design (w/enclosure)
Mike Czech, SEH (w/enclosure)
u:\a\albcv\032I OO\corr\goeb.doc
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