2006-12-22 LOC Notice to Reduce 8815-0806DIA,,lbertAlle
Small Town Uving. Big City Ufa.
5975 Main Avenue NE
P.O. Box 9
Albertville, MN 55301
December 22, 2006
Contractors Capital Corporation
1428 5`' Ave
Anoka, MN 55303
RE: Release of Letter of Credit No. 8815-0806DI
Hunters Development
Hunters Pass
Dear Mr. Tollefson:
Please accept this as official notification that the Albertville City Council moved to gives
notice to reduce Letter of Credit No. 8815-0806 DI from Two Hundred Twenty -Three
Thousand Seven Hundred Eighty -Eight ($223,788.00) down to Two Hundred Four
Thousand One Hundred Twenty Dollars ($204,120.00) effective December 21, 2006.
Should you have any questions, please contact me at (763) 497-3384.
Sincerely,
Tina Lannes
Finance Director
tlannes @ ci. albertvil le. mn.us
Cc: Mike Couri, City Attorney
Minnesota Development Agency
JOE 14UBER
9766 Fallon Ave
Suite 201
MONTICELLO, MN 55362