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2002-08-30 LOC Engineering Recommendation of Reduction=5EN 1200 25th Avenue South, P.O. Box 1717, St. Cloud, MN 56302-1717 TO: Linda Goeb City Administrator Albertville, Minnesota FROM: Peter J. Carlson, P.E. City Engineer DATE: August 30, 2002 RE: Letter of Credit Reduction Cedar Creek South 5th Addition Albertville, Minnesota SEH No. A-ALBEV0213.00 14 MEMORANDUM 320.229.4300 800.572.0617 320.229.4301 FAX I have reviewed the work completed to date and recommend the letter of credit for the municipal improvements be reduced to no less than $19,500. c: Mike Couri, City Attorney Don Jensen, Pilot Land Development w:\elbcv\02134:orr4:cs5 th.doc Short Elliott Hendrickson Inc. • Your Trusted Resource Equal Opportunity Employer