2007-11-21 LOC Extension 6512-117ALLIANCE BANK
November 21, 2007
Tina Lannes
City of Albertville
5975 Main Ave NE
Albertville MN 55301
Re: Letter of Credit 6512-117
Contractor Property Developers Co
Towne Lakes 61h Addition
Dear Tina. -
This letter is to confirm that Letter of Credit 6512-117 in the amount of
$268,638.00 will be extended for an additional year. The new maturity date is
December 20, 2008.
If you should have any questions, please contact me at 651-228-2379.
Sincerely,
Stan Edwards
Vice president
55 EAST FIFTH STREET IL SUITE 115 A ST. PAUL, MN 55101 A (651) 229-0070 A FAX (651) 229-0966