1993-12-22 LOC Reduction
e
5964 Main Avenue N.E.
P.O. Box 131
Albertville, MN 55301-0131
(612) 497-3384
Fax: (612) 497-3210
December 22, 1993
Cf:/
2~
/ !9Q;.
" )
Tim N. Golie
Asst. Vice President
Builders Development & Finance, Inc.
3200 Main street, suite 210
Coon Rapids, MN 55448
Re: Letter of Credit 112009
Kenco Construction, Inc., Account Holder
Dear Mr. Golie:
please accept this letter as notification that the Letter of
Credit 112009, dated September 16, 1993, in the current amount of
$474,867.81 may be reduced by $124,901.08. The letter of credit
will now be in the total amount of $349,966.73.
Should you have any questions, please feel free to contact me.
Linda Houghton
City Clerk
r
cc: Kenco Construction, Inc.