2006-08-23 LOC Mooney 2nd ExtensionACE PROPERTIES, LLC
N kv 8
August 23, 2006
Larry Kruse
City of Albertville
5975 Main Avenue NE
Albertville, MN 55301
RE: Letter of Credit No. 1020
Ace PrQpe ies, LLC.
ooney 2"d Addition
Dear Larry,
We have received notification to extend t Letter of Credit for ony (1) year in the
amount of Twenty -Five Thousand Dollars ( 5.000.0 I spoke with Tina Lannes and
was informed it is possible to request a reduction or cancellation of the Letter of Credit.
Your cooperation would be greatly appreciated. If you have any questions, please
contact me at (612)919-4274.
Sincerely
heryl Palm
palms 2aceelectrical.net
cc: Tina Lannes, Finance Director
Adam Nafstad, Asst. City Engineer
Community Bank Minnesota Valley
150 West Lake St
Suite 106
Wayzata, MN 55391
5465 HIGHWAY 169 N. ■ PLYMOUTH, MN 55442 ■ [763] 383-9471 ■ Fax [763] 383 8605
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