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2011-01-03 LOC Notice to Release 6512-117A,lbertVille Smalls „ Uvinc. sic rih] uiz. 5975 Main Avenue NE P.O. Box 9 Albertville, MN 55301 January 3, 2011 Alliance Bank 120 Town Square 444 Cedar Street St. Paul, Minnesota 55101 RE: Release of Letter of Credit No. 6512-117 Towne Lakes 6th Addition Dear Mr. Edwards: Please accept this as official notification that the Albertville City Council moved to gives notice to release Letter of Credit No. 6512-117 in the amount of One Hundred Ninety Four Thousand Five Hundred Thirty -Four Dollars and 50 cents ($194,534.50) effective December 20, 2010. 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