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2004-08-31 LOC Reduction ~~",,,, , .~ .. ~ 1?~T!_Y.U L € 5975 Main Avenue N.E. · P.O. 80' 9 · AJbertvUle. MN 55301 . (7631 497-3384 · Fa,,, (763) 497 -.3210 / .. August 31, 2004 1\ Alliance Bank 120 Town Square 444 Cedar Street St. Paul, Minnesota551 01 '" -'" ... ... RE: Release o'fLetter of Credit No. 6512-95 Contract9r Property Developers Company Towne Ulkes 3rd Addition Dear Ms. Karas: Please accept this as official notification that August 16, 20<14, the Albertville City Council moved to give notice to reduce Letter of Credit No. 6512-95 from Five Hundred Seventy-Nine Thousand Dollars ($579,000.00) down to Three Hundred Fifty-Four Thousand Dollars ($354,000.00) effective August 17,2004. ~ , Should you have any questions, please contact me at (763) 497-3384. , ~ Cc: Mike Couri, City Attorney Dave Hempel 3030 Centre Pointe Drive Suite 800 Roseville, Minnesota 55113 '" . .. !I' ., . ~p .. ,/ , ,~ ~ ~~~!..!:!U L€ 5975 Main Avenue N.E. · P.O. eax 9 · AlbOlMlle, MN 55301 · (763) 497-3384 · Fa" 17631497-3210 August 31, 2004 4.;~ .::"{ .., " Alliance Bank 120 Town Square 444 Cedar Street S1. Paul, Minnesota 55101 . ~ RE: .. Release of Letter of Credit No. 6512-95 Contract9r Property Developers Company Towne Lakes 3rd Addition # Dear Ms. Karas: Please accept this as official notification that August 16, 20(14, the Albertville City Council moved to give notice to reduce Letter of Credit No. 6512-95 from Five Hundred Seventy-Nine Thousand Dollars ($579,000.00) down to Three Hundred Fifty-Four Thousand Dollars ($354,000.00) effective August 17,2004. ~ . Should you have any questions, please contact me at (763) 497-3384. . , Cc: Mike Couri, City Attorney <-",'-,--: f Da.ve Hempel 3030 Centre Pointe Drive Suite 800 Roseville, Minnesota 55113 . ... r",. '" .,. .,