2003-12-08 LOC Release
~DSIDE COMMUNITIES~
OF MINNESOTA INC
December 8, 2003
Mr. Pete Carlson - City Engineer @ SEH
Ms. Linda Goeb - City Administrator
5975 Main Avenue NE.
Albertville, MN 55301
RE: Letter of Credit #45-00 Release for Cedar Creek South 6th Addition
Dear Mr. Carlson, members of the Council:
We have finished the final lift, site signage and all the landscaping for this development per the approved
development plans. The utilities were previously accepted in November of 2002 at the conclusion of the
warranty period. All landscaping has passed its warranty period as well. Final pavement has been installed
and has no issues. Turn Lanes have been completed by Wright County DOH.
During this calendar year we completed all of the remaining issues of our development agreement. Please
release the letter of credit back to us prior to year end. Please commence the satisfaction of development
agreement for the project with confirmation to Kent Roessler of Pilot Land Development and Woodside
Communities, attention Don Jensen.
INH Management Company of St. Cloud is now fully coordinating the site maintenance responsibilities for
our Homeowners Association. The original surety to eliminate is as follows:
Cedar Creek South 6th Utility Warranty Jason Court
$ 52,775 * 0%
$ 39,444 * 0%
$ 7,706 * 0%
$ 0000
$0
$0,000
$0
$0,000
Street work completed with 0% warranty
Landscaping and Irrigation at $2500 per DU
Work left to complete for paving & adjustments
none left
Project Total security in letters of credit
Please issue confirmation to our surety holder Northeast State Bank and us regarding the release ofthis
letter of credit. As SEH can verify, all work was completed per City standards. Please schedule this item
for the next Council meeting and notify Maria Orlowski at Northeast State Bank at 362-3264 (fax 362-
3240) if you have any questions, please contact me.
Sincerely, I Cb//A.I'/~
~r-'~'
Vice President of Land Development
Cc:
Kent Roessler - Pilot Land
Mike Couri - C&M
John Wilczek - Meyer -Rohlin
Maria Orlowski - NESS
1 L\SlJRETY RELEASE\ccs6thSRTYreduc.doc
13736 N.E. Johnson Street. Ham Lake, M~553D4
tel: 763.757.4052 fax: 763.757.4094
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