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2005-02-05 LOCii i ~' t ~~~ ~I ~G Swift: ABGBUS44 Telex: 6502091017 MCI U4 February 5, 2005 INTERN AT IONAi, RANKING DEP~RT~~IENT City of Albertville Attn: Linda Goeb, City Administrator P.O. Box 9 Albertville, MN 55301 RE: Our DC2684, Account #8614946-9001 Albertville Factory Outlets, L.L.C. Outlets of Albertville, Phase II Dear Ms. Goeb, In order to cancel our above-referenced Letter of Credit DC2684 per your May 16, 2003 request, we need from you one of the following items: (1) The original Letter of Credit DC2684 dated May 12, 1999 for $1,189,564.00 and any subsequent amendments; OR (2) The completed Letter of Indemnification and Hold Harmless stating that the original Letter of Credit cannot be located. Please complete the attached form and return to Associated Bank, N.A., Attn: International Banking, 200 N. Adams St., Green Bay, WI 54301. We have included a postage paid envelope for your convenience. Please let me know if you have any further questions or concerns, at 920- 433-3194. Thank you, ~-.~.... Judith M. Ilintz International Banking Associated Bank, N.A. Enclosure 200 N. Adams Street • Green Bay, 4VI 54301 401 E. Kilbourn Avenue • Milwaukee. 4Vi 5321