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2000-10-17 LOC Reduction Je e 5975 Main Avenue 1 P.O. Box:- Albertville, MN 55301 (612) 497-3384 Fax: (612) 497-3210 October 17, 2000 Builders Mortgage Company LLC 646 East River Road Anoka, MN 55303 RE: Irrevocable Letter of Credit No. 5669-700-DI, Dated July 27,2000 KolIvilIe Estates Leuer-Munstertieger Properties, Inc. To Whom It May Concern: Please accept this letter as authorization to reduce Letter of Credit No. 5669-700-DI, dated July 27,2000, from $543,800 to not less than $55,000. Should you have any questions, please contact me. i+- Linda Goeb City Administrator 'e e October 17, 2000 Builders Mortgage Company LLC 646 East River Road Anoka, MN 55303 RE: Irrevocable Letter of Credit No. 5669-700-DI, Dated July 27, 2000 Kollville Estates Leuer-Munstertieger Properties, Inc. To Whom It May Concern: 5975 Main Avenue 1 P.O. Box:;" Albertville, MN 55301 (612) 497-3384 Fax: (612) 497-3210 Please accept this letter as authorization to reduce Letter of Credit No. 5669-700-DI, dated July 27,2000, from $543,800 to not less than $55,000. Should you have any questions, please contact me. Linda Goeb City Administrator ~