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2007-01-19 LOC Reduction Request FE8-13-2007 TUE 11:44 AM DEAN JOHNSON HOMES FAX NO. 7634794821 January'9. 2007 City of Albertville 5915 Main Ave A1bertvlUe. MN 55301 Re: Letter of Credit Prairie Run. Geld Key Development. lno. To Whom It May Concem: I &IlTl writing1c request a reduction in our letter of Credit at Prairie Run. Gold Key Developmert Inc. Letter of credit #2601-001 Amount $680.337.00- Munic:ipallmprovements LOe # 2601-002 Amount $53.000.00 -Site Improvements LOe # 2601.003 Amount $ 58,200.00- landscaping Plan Our records Indicate these projecl:S at 90% complete. Sincerely, Julie Revak Dean R. Johnson Homes 8l6-~ 610/S00"d ZZ9-! S9~~Z89€9l+ Vd !!~ , NOS~3!3d NOS~V' NOSNHOr-nO~~ P. 10 8~:SI lOOZ-OZ-83~