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2010-08-17 LOC Notice to Release 60017803rtVille- Smou 1b� a -.Puri wna. We "'.Atj Ufa. 5959 Main Avenue NE P.O. Box 9 Albertville, MN 55301 August 17, 2010 Falcon National Bank 183 Cedar Drive Foley, MN 56329 RE: Letter of Credit No. 60017803 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 release the Letter of Credit No. 60017803 in the amount of Fifty -Two Thousand Five Hundred Fifty Dollars and No/100 ($52,500.00). Should you have any questions, please contact me at (763) 497-3384, fax (763)497-3210. Sincerely, , Tina L. Lannes Finance Director Cc: Mike Couri, City Attorney Finken Water 3423 County Road 74 P0Box 7190 St. Cloud, MN 56301