2005-01-04 LOC Amend
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ALLIANCE BANK
January 4, 2005
City of Albertville
5975 Main Avenue NE
Albernrine,~ 55301
RE: Irrevocable Letter of Credit Number: 6512-96
In the amount of: $405,628.00
For the account of: Contractor Property Developers Company
In reference to: Shoppes of Towne Lakes One
Dear Sir or Madam;
Alliance Bank hereby amends the above referenced Letter of Credit as follows:
· The aggregate amount of this Letter of Credit shall be reduced from the current
amount of $255,600.00 to an amended amount of $88,350.00 effective J~nll~rv 4
2005.
Except as otherwise expressly stated herein, all other terms and condit]
Letter of Credit shall remain in full force and effect.
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Alliance Bank
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Jane L. Turbes
Vice President
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