2004-08-11 LOC Reduction Request
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SEH
MEMORANDUM
TO:
Larry Kruse
Albertville City Administrator
FROM:
Peter J. Carlson, PE
Albertville City Engineer
DATE:
August 11, 2004
RE:
Shoppes of Towne Lakes
Letter of Credit Reduction Request
Albertville, Minnesota
SEH No.A-ALBEV 0406 14
I reviewed the construction work completed to date. All municipal utilities and streets have been installed.
The remaining work is the bituminous wear course, turf restoration, and sidewalk installation. Assuming
that Contractor Property Developers Company is current with all fees owned to the City, I recommend the
letter of credit be reduced to no less than $255,600.
Please call me if you have any questions.
djg
c: Tina Lannes, City of Albertville
Mike Couri, City Attorney
Dave Hempel, CPDC
Bob Moberg, SEH
Russ Bly, SEH
u:lalalbevl040600lcorrlm-city-081104.doc
Short Elliott Hendrickson Inc., 1200 25th Avenue South, P.O. Box 1717, St. Cloud, MN 56302-1717
SEH is an equal opportunity employer I www.sehinc.comI320.229.4300 I 800.572.0617 I 320.229.4301 fax