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2000-11-03 Escrow e) , 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 City Administrator Albertville, Minnesota FROM: Peter J. Carlson, P.E. City Engineer DATE: November 3, 2000 RE: 2000 Albert Villas 2nd Addition Letter of Credit Reduction Albertville, Minnesota SEH No. A-ALBEV 0012.00 14 I have reviewed the work completed to date and recommend the escrow account be reduced to no less than $150,000. cb c: Mike Coun, City Attorney Kuechle Underground Inc. Edina Development Corporation Wayne Stark, SEH Mike Czech, SEH \ \sehsc I \sccv\albev\OO 12\corr\no03aOO-m .doc Short Elliott Hendrickson Inc. . Offices located throughout the Upper Midwest We help you plan, design, and achieve . Equal Opportunity Employer