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2005-10-13 LOC Release 16.01 ~ SEH MEMORANDUM TO: Larry Kruse Albertville City Administrator FROM: :1M Robert Moberg, PE Project Manager DATE: October 13, 2005 RE: Albertville, MN Cedar Creek South 7th Addition Release of Letter of Credit SEH No. A-ALBEV0203.00 I have reviewed the request made by Woodside Communities (dated September 14, 2005) to have the Letter of Credit released for the subject project. The current amount of the Letter of Credit is $17,900. The bituminous trail and turf restoration has been completed. The homeowner's association for the development has acknowledged their acceptance of and responsibility for the private street (see attached letter). SEH recommends the Letter of Credit be released and all public improvements constructed with the development be accepted by the City. Please call me at 651.490.2147 if you have questions. nm c: Mike Coun, City Attorney Tina Lannes, City Finance Director David Pattberg, Woodside Communities of Minnesota x:\aelalbevlconIDlonI0213\LCRelease I 0 1305 .doc Short Elliott Hendrickson Inc., 3535 Vadnais Center Drive, SI. Paul, MN 55110-5196 SEH is an equal opportunity employer I www.sehinc.com I 651.490.2000 I 800.325.2055 I 651.490.2150 fax