2006-01-19 LOC Notice to ReduceNbertville
SUMN Town E VhW ft city UFs.
5975 Main Avenue NE
P.O. Box 9
Albertville, MN 55301
January 19, 2006
Contractors Capital Corporation
1428 5th Ave
Anoka, MN 55303
RE: Release of Letter of Credit No. 8815-0805DI
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. 8815-0805 DI from Two Million Ninety -Eight
Thousand Seven Hundred Dollars ($2,098,700) down to Two Hundred Ninety -Five
Thousand Six Hundred Forty Dollars ($295,640) effective January 19, 2006.
Should you have any questions, please contact me at (763) 497-3384.
Sincerely,
Tina Lannes
Finance Director
tlannes@ci.albertville.mn.us
Cc: Mike Couri, City Attorney
Minnesota Development Agency
JOE HUBER
9766 Fallon Ave
Suite 201
MONTICELLO, MN 55362