2007-01-18 Release of Surety
E3C::>L TC::>I'J &. ~ E: I'J K.., II'JC::.
Consulting Engineers & Surveyors
2638 Shadow Lane, Suite 200 . Chaska, MN 55318
Phone (952) 448-8838 . FAX (952) 448-8805
January 18, 2007
Mr. Larry Kruse, City Administrator
City of Albertville
5975 Main Avenue NE, P. O. Box 9
Albertville, MN 55301
RE: Towne Lakes 1 St and 2nd Addition
Release of Surety
BMI Project No. T15.21660
Honorable Mayor and City Council Members:
The Two (2) year warranty period for the public improvements to Towne Lakes 1 st Addition
expired December 6th, 2006 and the warranty period for the Towne Lakes 2nd Addition expired
January 18th, 2007.
To the best of our knowledge, all identified warranty items have been corrected and the
improvements have been found to be in general compliance with the plans and specifications for
the developments.
It is our recommendation that Contractor's Property Development Company's surety release
request be approved and the full amount of the remaining Letters of Credit be returned.
Please let me know if you have any questions or would like additional information.
Sincerely,
BOLTON & MENK, INC.
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Albertville Assistant City Engineer
Cc: Tina Lannes - Albertville Finance Director
David Hempel - CPDC
MANKATO, MN . FAIRMONT, MN . SLEEPY EYE, MN . BURNSVILLE, MN · WILLMAR, MN . CHASKA, MN . AMES,IA
www.oolton-menk.com
An Equal Opportunity Employer