2002-09-06 LOC Amended 16-01
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September 6, 2002
77 Broadway r~,E,
Minneapolis, MN 55413
612-379-8811
FAX: 512-362-3262
Member FD,LC,
IRREVOCABLE LETTER OF CREDIT NO. 16-01
City of Albertville
Attn: Linda Goeb
P.O. Box 9
Albertville, MN 55301
RE: CEDAR CREEK SOUTH 7TH ADDITION
Irrevocable Letter of Credit No. 16-01 is hereby amended to reduce the amount available
from $152,674.00 to $17,900.00.
A draft drawn under this Letter of credit must bear on its face the words: "Drawn under
Northeast Bank Letter of Credit No. 16-01, dated November 15,2001."
All other terms and conditions of this Irrevocable Letter of Credit No. 16-01 shall remain
unchanged.
Sincerely,
~ I. /~Gc.J'..-
Gail T. Mikolich
Executive Vice President and Cashier