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1997-02-25 Bond Reduced . . 5975 Main Avenue N.E. P.O. Box 9 Albertville, MN 55301 (612) 497-3384 Fax: (612) 497-3210 February 25, 1997 Kent Roesller, President Kenco Construction 13736 NE Johnson street HAm LAke, MN 55303 RE: Subdivision Bond No. 95176 parkside 3rd Addition Dear Mr. Roessler: Please accept this letter as official notification that the Subdivision Bond t95176 in favor of the City of Albertville for the account of Parkside 3rd Addition may be reduced. The revised subdivision bond should be in the amount of $88,800. The revised Subdivision Bond should bear the same terms and condi tions as stated in the original document in regards to expiration date, automatic renewal and method of withdrawal. Should you have any questions, please feel free to contact me. , F ~ Lin a Houghton City Clerk-Treasurer cc: Don Jensen