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1995-08-08 LOC Reduction e e 5975 Main Avenue N.E. P.O. Box 9 Albertville, MN 55301 (612) 497-3384 Fax: (612) 497-3210 August 8, 1995 Glen D. Hardin Senior Vice President Northeast State Bank 200 Coon Rapids Boulevard Coon Rapids, MN 55433 RE: Irrevocable Letter of Credit No. 13-95 Kenco Construction, Inc. Parkside Addition Improvements Dear Mr. Hardin: Please accept this letter as notification that the Letter of Credit No. 13-95, dated May I, 1995, in the current amount of $211,213.00 may be reduced by $13,025.59. The letter of credit will now be in the total amount of $198,187.41. Should you have any questions, please feel free to contact me. (~::&t4<-% ~OUghton ~~ City Clerk . L7 .. cc: Renco Construction, Inc.