2005-08-01 Letter re: DA, LOC
August 1,2005
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Larry Kruse
City of Albertville
5975 Main Avenue Northeast
P.O. Box 9
Albertville, MN 55301
Re: Albert Crossing 3rd Addition
Development Agreement
Dear Larry:
Please find enclosed two (2) copies of the signed development agreement for the Albertville
Crossing 3rd Addition.
Additionally, a letter of credit has been provided for $21,975.00 for the park dedication
fees. The State Bank of Long Lake is providing a letter of credit for the $9,000.00 sidewalk
escrow and $7,618.00 for the SAC & WAC.
Provide a fully executed copy for our file, as well as a copy of the final plat.
Thank you.
Sincerely,
~~~.~
Sandy Schneider
Administrative Assistant
21025 Commerce Blvd, Suite 900 Rogers, Minnesota 55374 ph. 763.463.0220 fax. 763.463.0294