2007-02-16 Deny Request to Reduce LOC
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f\J~~!'.!!U L € 5975 Main Avenue N.'. · P.O. Box 9 · Albertville, MN 55301 · (763) 497-3384 · FOx: (763) 497-3210
February 16, 2007
Dean R. Johnson Construction, Inc.
Attn.: Julie Revak
4700 County Road 19
Medina, MN 55357
RE: Letter of Credits
Dear Ms. Ravek:
This letter is to inform you that at the February 5,.2007 City Council meeting, the
City council unanimously moved to deny the request to reduce the Letters of
Credit held by the City for municipal improvements, site improvements, and
landscaping improvements to the Prairie Run Addition.
The motion was based on the current defaults of the Developer; as have been
communicated tothe Developer in a previous notice of default.
Sincerely,
~,Y)t~~
Bridget Miller
Albertville City Clerk