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2007-06-28 LOC Notice to Extend 423 (455)A,lbertville Small Town Living. Big City Ufa. 5959 Main Avenue NE P.O. Box 9 Albertville, MN 55301 June 28, 2007 Sterns Bank NA 4191 2nd Street South St. Cloud, MN 56301 RE: Letter of Credit No. 423 Shoppes at Prairie Run Finken Water, Prairie Run Dear Daryl Wattenhoffer: Please accept this as an official notification that the City of Albertville is giving notice to extend the Letter of Credit No. 423 for one (1) year in the amount of Fifty -Two Thousand Five Hundred Fifty Dollars and No/100 ($52,500.00). Please send acknowledgement no later than July 16, 2001 Should you have any questions, please contact me at (763) 497-3384. Sincerely, Tina L. Lannes Finance Director Cc: Mike Couri, City Attorney .5� Finken Water � ��V 3423 County Road 74 P0Box 7190 St. Cloud, MN 56301 (!r