1994-08-05 LOC Reduction
e
e
5975 Main Avenue N.E.
P.O. Box 9
Albertville, MN 55301
(612) 497-3384
Fax: (612) 497-3210
August 5, 1994
Tim N. Golie
Asst. Vice President
Builders Development & Finance, Inc.
3200 Main street, Suite 210
Coon Rapids, MN 55448
Re: Letter of Credit '12009
Kenco Construction, Inc., Account Holder
Dear Mr. Golie:
Please accept this letter as notification that the Letter of
Credit '12009, dated September 16, 1993, in the current amount of
$319,237.93 may be reduced by $94,811.53. The letter of credit
will now be in the total amount of $224,426.40.
Should you have any questions, please feel free to contact me.
Sincer~ly,
(%~'~'.':'{~. ~l;,,-
Linda Houghton :f
City Clerk
cc: Kenco Construction, Inc.