2006-09-06 LOC Notice of Reduction 423 (455)A,lbertville
StncM Town Lk**. ft City fits.
5975 Main Avenue NE
P.O. Box 9
Albertville, MN 55301
September 6, 2006
Sterns Bank NA
4191 2nd Street South
St. Cloud, MN 56301
RE: Extension of Letter of Credit No. 423
Shoppes at Prairie Run
Finken Water, Prairie Run
Dear Daryl Wattehofer:
Please accept this as an official notification that the City of Albertville is giving notice to
reduce th . T etter of Credit No. 423 from Sixty -Six Thousand Eight Hundred Seventy -Six
and 00/100 (,$66,0_.`-Y).) down to Fifty -Two Thousand Five Hundred and 00/100 Dollars
($52,500).
Shonld you have any questions, please contact me at (763) 497-3384.
Sincerely,
Tina L. Lannes
Finance Director
Cc: Mike Couri, City Attorney
Finken Water
3423 County Road 74
P O Box 7190
St. Cloud, MN 56301