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1997-10-28 LOC Reduction . . ~SEH MEMORANDUM o ST. PAUL, MN o MINNEAPOLIS, MN . ST. CLOUD, MN 0 CHIPPEWA FALLS, WI 0 MADISON, WI o LAKE COUNTY, IN TO: Linda Houghton City Clerk Albertville, Minnesota FROM: Peter J. Carlson, P .E. City Engineer DATE: October 28, 1997 RE: Letter of Credit Reduction Parkside 4th Addition Albertville, Minnesota SEH No. ALBEV 9705.00 I have reviewed the remaining work to be completed for this project and recommend that the letter of credit be reduced to no less than $35,000. djg J. IALBEV\9705ICORR IOC-29 A. 97 An Affimwtive Action, Equal Opportunity Employer