2003-11-13 LOC Reduction~S~ MEMORANDUM
1200 25th Avenue South, P.O. Box 1717, St. Cloud, MN 56302-1717
320.229.4300 800.572.0617 320.229.4301 FAX
TO: Linda Goeb
Albertville City Administrator
FROM: Peter J. Carlson, PE
Albertville City Engineer
DATE: November 13, 2003
RE: Letter of Credit Reduction
Outlets at Albertville, Phase 3
Albertville, Minnesota
SEH No. A-ALBEV 0308.00 14
I have reviewed the work completed to date and recommend that the letter of credit be reduced to
no less than $250,000. This amount is adequate to cover the CSAH 19 assessments, wetland
mitigation warranty, and other miscellaneous items.
Please call me if you have any questions.
cah
c: Mike Couri, City Attorney
Alan Brixius, City Planner
Russ Bly, SEH
u:\a\aibev\030500\co rr\goeb. doc
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