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2005-09-20 Acceptance Request of Public Improvements " ~~o s~ !J!;.t ":/-J < .J lp c/OS September 20, 2005 Mr. Bob Moberg, P.E. SEH 3535 Vadnais Center Dr St. Paul, MN 55110-5196 Re: Request for Acceptance of Public Improvements, Towne Lakes 3rd, 4th Additions and The Shoppes at Towne Lakes Dear Mr. Moberg, The public utilities have been installed, tested, and the streets paved with the final lift of asphalt in the above referenced projects. The landscaping improvements except for the private landscaping in the 4th Addition have been installed in general accordance with the landscape plans. City staff has performed a walk thru of the public improvements and any corrections were made prior to the final wear course. Therefore, we respectfully request that the City consider formal acceptance the public street and utility improvements so that the two year warranty period may commence. The following is a status of the Letters of Credits (LOC): . Towne Lakes 3rd - #6512-95 balance $155,100 . Towne Lakes 4th - See attachment . Shoppes at Towne Lakes - #6512-96 balance $88,350 Pursuant to the development agreements we request that these LOC's be reduced to 10% of the original amount. We would appreciate if our request could be presented at the next available City Council meeting for consideration. If you have any questions please feel free to contact me. Sincerely, David Hempel Sr. Project Manager Enc!. Rottlund Letter of Credit #738 Cc Mr. Larry Kruse, Ci.ty Administratorif' Tim Himmer, Rottlund Homes Fran Hagen, WPS Curt Hennen, Hennen Construction 3030 Centre Pointe Drive Suite 800 Roseville, Minnesota 55113 telephone 6 5 1 . 5 5 6 . 4 5 5 0 facsimile 6 5 1 . 55 6 . 455 1 ~ #' ~ ROTTLUND HOMESTM A DMSION OF THE ROTTLUND COMPANY, INC. September 21, 2005 Mr. Bob Moberg, P.E. SEH 3535 Vadnais Center Dr St. Paul, MN 55110-5196 Re: Letter of Credit No. 738 Towne Lakes 4th Addition, Albertville Dear Mr. Moberg: The Rottlund Company, Inc. hereby requests a reduction in Letter of Credit No. 738 currently in the amount of$253,500. Below is the list of work covered under the escrow: Driveways/Finish Lot Grade Landscaping (150% of cost) TOTAL $ 56,250 236,250 292,500 $ 20,000 84,000 104,000 To date, 27 of the 45 units have finish grade, driveways and full landscaping. Please call me if you have questions or comments at (651) 638-0517. Thank you for your time and attention to this matter. Sincerely, w~. Deb Ridgeway Land Development @ uc'ms~UJWI= MLS EO~~ 3065 CENTRE POINTE DRIVE ROSEVILLE. MN 55113 (651) 638-0500 FAX (651) 638-0501