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2015-10-05 LOC Notice of Reduction 2220NbertVi11-c Small i'e: s Uving. Big =;ie,v Ufa. 5975 Main Avenue NE P.O. Box 9 Albertville, MN 55301 October 5, 2015 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 Thirty -Seven Thousand One Hundred Seventy Dollars ($37,170) down to Fifteen Thousand Nine Hundred Seventy -Three Dollars ($15,973) effective September 21, 2015. Should you have any questions, please contact me at (763) 497-3384. Sincerely, 1 /� Tina Lannes Finance Director tlannes@ci.albertville.mn.us Cc: Mike Couri, City Attorney Tollberg Homes, LLC 1428 Fifth Avenue Anoka, MN 55303