2011-11-30 LOC Notice to Reduce 20703950LI lbertville
Small Uving. Big =a^ We.
5959 Main Avenue NE
P.O. Box 9
Albertville, MN 55301
November 30, 2011
Starion Financial
2754 Brandt Dr. S
Fargo, ND 58103
RE: Letter of Credit No. 20703950
Kilber Section 36, LLC
Towne Lakes 6t' Addition
Dear Debra Eiseman:
Please accept this as official notification that the Albertville City Council moved to give
notice to reduce Letter of Credit No.20703950 from One Hundred Seventy -One
Thousand Seven Hundred Thirty -Three and 50/100 ($171,733.50) down to One Hundred
Sixteen Thousand Five Hundred Twenty -Five and No/100 ($116,525.00) effective
November 21, 2011.
Should you have any questions, please contact me at (763) 497-3384.
Sincerely,
A_'s C4 /0'_ rI /A
Tina Lannes
Finance Director
tlannes @ ci.albertville.mn.us
CC:
Kilber Section 36, LLC
501 E Main Ave
Bismarck, ND 58051