2007-06-28 LOC Invoice/Will Draw Notice 6512-117Al,lbertville
Small Town living. Big City Life.
5959 Main Avenue NE
P.O. Box 9
Albertville, MN 55301
June 28, 2007
Dave Hempel
3030 Centre Pointe Drive
Suite 800
Roseville, Minnesota 55113
RE: Release of Letter of Credit No. 6512-117 and outstanding invoice
Contractor Property Developers Company
Towne Lakes 6th Addition
Dear Mr. Edwards:
Please accept this as an official notification that the City of Albertville is giving notice to
that if we do not receive payment in full for the outstanding balance due on invoice
02007011 for Towne Lakes 6th addition in the amount of $1,013.12 within 30 days we
will begin the draw process on the Letter of Credit No. 6512-117.
Should you have any questions, please contact me at (763) 497-3384.
Sincerely,
t%I x-e.0
Tina Lannes
Finance Director
tlannes@ci.albertville.mn.us
Cc: Mike Couri, City Attorney
Alliance Bank
120 Town Square
444 Cedar Street
St. Paul, Minnesota 55101