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2000-09-18 Release of Funds to Lakeland Construction Please accept this letter as notification that $225,397.50 of the amount deposited in the Investment Money Market Account #40006751 may be wired to Lakeland Construction Finance LLC immediately. Should you have any questions, please call me. ~4 Linda Goeb City Administrator ice' . 5975 Main Avenue N.E. P.O. Box 9 Albertville, MN 55301 (763) 497-3384 Fax: (763) 497-3210 July 19, 2001 Lakeland Construction Finance 860 Blue Gentian Road Suite 135 Eagan, MN 55121 RE: Albert Villas 1 st Addition Letter of Credit #200120 To Whom It May Concern: Please accept this letter as verification that the above-referenced Letter of Credit may be reduced from its present $365,100.00 balance to $82,000.00 effective immediately. Should you have need any further information, please call me. Sincerely, ~4 Linda Goeb City Administrator cc: Edina Development