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2004-12-30 LOC Requested ReleaseDecember 30, 2004 SEH, Inc Attn: Bob Moberg, Albertville City Engineer 3535 Vadnais Center Drive, Suite 200 St. Paul, MN 55110 Re: Cedar Creek South 5th and 7th Addition Letters of Credit Dear Mr. Moberg: According to my records Cedar Creek South 5th Addition has letter of credit #06-02 in the amount of $14,825. This project is complete and unless the city has additional punch list items, we request for this letter of credit to be released. The Cedar Creek South 7th Addition has letter of credit #16-01 in the amount of $17,900. The final lift has been installed and the trail is under construction. The trail will be completed first thing in the spring and then the prof ect will be complete. Since the only work left on the project is the trail, we request that the letter of credit be reduced to $5,000. If the city does not agree with these requests please itemize the different amounts and location of the problems. Once the release and reduction has been determined please respond with a letter stating the outcome. Our bank requires a letter from the city, on city letterhead, refemng to the letter of credit by number and the reduction amount and/or the release of the letter of credit. If you have any questions of need additional details please contact me. Best regard ---y~ .._ _J ~_ j~/ P`, avid Pattberg Woodside Communities of Minnesota 763-772-1017 cc: Larry Kruse, City of Albertville Jim Lambeth, Woodside