2004-10-15 LOC Reduction Request
Jt.
SEH
MEMORANDUM
TO:
Larry Kruse
Albertville City Administrator
FROM:
Bob Moberg, PE
Project Manager
DATE:
October 15, 2004
RE:
Albertville, Minnesota
Towne Lakes Second Addition
Letter of Credit Reduction
SEH No. A-ALBEV0306.00
I have reviewed the request to reduce the letter of credit and have reviewed the work completed to date. I
recommend that the letter of credit be reduced to no less than $138,781. Please call me at 651.490.2147 if
you have any questions.
nm
c: Mike Couri, City Attorney
Dave Hempel, CPDC
X:\AElAlbev\Comn\030600lkruselOI504.doc
Short Elliott Hendrickson Inc., 3535 Vadnais Center Drive, 51. Paul, MN 55110-5196
5EH is an equal opportunity employer I www.sehinc.com I 651.490.2000 I 800.325.2055 I 651.490.2150 fax