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2005-10-18 LOC Release 06-02A,lbertville Smell Town Big r3ttv fits. 5975 Main Avenue NE P.O. Box 9 Albertville, MN 55301 October 18, 2005 Northeast Bank 77 Broadway N.E. Minneapolis, MN 55413 RE: Letter of Credit No. 06-02 Woodside Communities Cedar Creek South 5ch Addition Dear Ms. Mikolich Please accept this as official notification that the Albertville City Council moved to gives notice to release Letter of Credit No. 6512-98 in the amount of Fourteen Thousand Eight Hundred Twenty -Five and 00/100 Dollars ($14,825.00) effective October 17, 2005 Should you have any questions, please contact me at (763) 497-3384. Sincerely, Tina L. Lannes Finance Director Cc: Mike Couri, City Attorney Woodside Communities 13736 Johnson Street NE Ham Lake, MN 55304