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HomeMy WebLinkAboutA007 - Letter dated January 7, 1997 - letter of credit for Dean E. Adkins and Janice F. Adkins : kt�s , 1 a-t I �� I ed ► --D 25 -9 -7 RiPPEY SAVINGS BAND 214 Main Street • P.O. Box 9 Phone (515) 436-8231 • Fax (515) 436-7637 RIPPEY, IOWA 50235-0009 Officers Directors Hugo A. Norgren, President Walter K. Anderson Walter K.Anderson,Vice President David D. Crumley M. Marlene Radebaugh,Exec. Vice Pres. &Cashier LaVere Derry Hugo A. Norgren Dale A.Thompson January 7, 1997 City of Ames 515 Clark Ave. Ames, Iowa Gentlemen Please consider this a letter of credit for Mr. Dean E. Adkins and Mrs. Janice F. Adkins from the Rippey Savings Bank in the amount of $ 2,000.00. The Rippey Savings Bank guarantees that if Developers, Dean E. Adkins and Janice F. Adkins, do not complete the installation within two years of the date of the Public Improvements Contract of the pbblic improvements in accordance with the terms of the Public Improvements Contract executed by the developer and the City of Ames, the bank will make available to�the City of Ames funds necessary to complete the installation of the public improvements, but not to exceed $ 2,000.00. Sincerely M. Marlene Radebaugh Exec. V.P. Rippey Savings Bank Rippey, Iowa 50235 A DEPENDABLE INSTITUTION IN A FRIENDLY SETTING