2001-11-14 LOC Reduction
.....SeJi.
e MEMORANDUM
1200 25th Avenue South, P.O. Box 1717, St. Cloud, MN 56302-1717
320.229.4300 800.572.0617
320.229.4301 FAX
TO:
Linda Goeb
City Administrator
Albertville, Minnesota
FROM:
Peter J. Carlson, P .E.
City Engineer
DATE:
November 14,2001
RE:
Letter of Credit Reduction
_~esota
SEH No. A-ALBEV0003.00 14
The above referenced project is entering the second year of the city's standard two-year warranty
period. I have reviewed the site and have found no items that need to be corrected. It is the city's
policy to reduce the letter of credit during the second year of the warranty to 5% of the
construction cost. I recommend that the letter of credit be reduced to $27,500.
Please call me if you have any questions.
cb
c: Mike Couri, City Attorney
Scott Dahlke, Quality Site Design
Mike Czech, SEH
w:\aJbevlOOO3\corrIII1401-m-kollvile.doc
Short Elliott Hendrickson Inc. . Your Trusted Resource
Equal Opportunity Employer
e MEMORANDUM
1200 25th Avenue South, P.O. Box 1717, 81. Cloud, MN 56302-1717
320.229.4300 800.572.0617
320.229.4301 FAX
TO:
Linda Goeb
City Administrator
Albertville, Minnesota
FROM:
Peter J. Carlson, P.E.
City Engineer
DATE:
~ovember 14,2001
RE:
Letter of Credit Reduction
s
nnesota
SEH~o. A-ALBEV0003.00 14
. -
. . "
The above referenced project is entering the second year of the city's standard two-year warranty
period. I have reviewed the site and have found no items that need to be corrected. It is the city's
policy to reduce the letter of credit during the second year of the warranty to 5% of the
construction cost. I recommend that the letter of credit be reduced to $27,500.
Please call me if you have any questions.
cb
c: Mike Couri, City Attorney
Scott Dahlke, Quality Site Design
Mike Czech, SEH
w:\albevlOOO3\corrl 11140 I-m-kollvile.doc
Short Elliott Hendrickson Inc.
Your Trusted Resource .
Equal Opportunity Employer