2014-08-12 LOC Notice of Reduction 2220A.,lbertville
5mal! im-Lun living. Big z:4ka tits.
5975 Main Avenue NE
P.O. Box 9
Albertville, MN 55301
August 12, 2014
Great Southern Bank
7685 Zachary Lane
Maple Grove, MN 55369
RE: Reduction in Letter of Credit number 2220
Hunters Pass 2nd Addition
Tollberg Homes, LLC
Dear Mr. Brandt:
Please accept this as official notification that the Albertville City Council moved to give
notice to reduce Letter of Credit No. 2220 from One Hundred Sixty Thousand Dollars
($160,000.00) down to Sixty Thousand Five Hundred Ninety -Five Dollars ($60,595.00)
effective August 4, 2014.
Should you have any questions, please contact me at (763) 497-3384.
Sincerely,%J
Tina Lannes
Finance Director
tlannes@ci.albertville.mn.us
Cc: Mike Couri, City Attorney
Tollberg Homes, LLC
1428 Fifth Avenue
Anoka, MN 55303