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Home My WebLink AboutA014 - Letters of Credit Firstar Bank, N.A. TELEX MCI 6734217 FIRSTAR FcveSr Milwaukee Operations SWIFT:FWISUS44 V Wisconsin Level TELEFAX:(414)765 6207 * 777 East Wisconsin Avenue TELEFAX:(414)765-4432 Global Services P.O.Box 532 Milwaukee,Wisconsin 53201 U.S.A. APRIL 24 , 2000 STANDBY LETTER OF CREDIT OUR REFERENCE S103243 AMENDMENT NO. : 002 v BENEFICIARY: APPLICANT: CITY OF AMES ERBEN A. HUNZIKER AND 711 515 CLARK AVENUE DONALD M. FURMAN AMES, IA 5001.0 1.05 S . 16TH STREET AMES, IA 50010 GENTLEMEN/MADAM: IN ACCORDANCE WITH INSTRUCTIONS RECEIVED FROM THE APPLICANT, THE ABOVE LETTER OF CREDIT IS AMENDED AS FOLLOWS: CREDIT AMOUNT DECREASED BY $16 , 000 . 00 TO $22,000 . 00 KINDLY ADVISE US OF YOUR ACCEPTANCE OR REJECTION OF THE ABOVE AMENDMENT BY INDICATING YOUR OPTION. PLEASE SIGN AND DATE THE ENCLOSED COPY, RETURNING SAME TO US. IF YOU DO NOT ACCEPT THIS AMENDMENT, IMMEDIATE NOTIFICATION MUST BE GIVEN TO US . ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED. YOURS VERY TRULY, i INTERNATIONAL BANKING OFFICER STANDBY/PERFORMANCE L/C' S 414 765-5626 EC S )?(ctu--d vv �� nR f� Firstar Bank Milwaukee, N.A. TELEX MCI 6734217 r 777 East Wisconsin Avenue SWIFT: FWISUS44 Lm P.O. Box 532 TELEFAX: (414) 765-6207 BANKMilwaukee, Wisconsin 53201 U.S.A. TELEFAX: (414) 765-4432 MAY 05, 1999 STANDBY LETTER OF CREDIT OUR REFERENCE S103243 AMENDMENT NO. : 001 �zi,a• RE : BENTWOOD 3RD ADDITION BENEFICIARY: APPLICANT: CITY OF AMES ERBEN A. HUNZIKER AND 515 CLARK AVENUE DONALD M. FURMAN AMES, IA 50010 105 S. 16TH STREET AMES, IA 50010 GENTLEMEN/MADAM: IN ACCORDANCE WITH INSTRUCTIONS RECEIVED FROM THE APPLICANT, THE ABOVE LETTER OF CREDIT IS AMENDED AS FOLLOWS : CREDIT AMOUNT DECREASED BY $84 ,400 . 00 TO $38, 000 . 00 . KINDLY ADVISE US OF YOUR ACCEPTANCE OR REJECTION OF THE ABOVE AMENDMENT BY INDICATING YOUR OPTION. PLEASE SIGN AND DATE THE ENCLOSED COPY, RETURNING SAME TO US. IF YOU DO NOT ACCEPT THIS AMENDMENT, IMMEDIATE NOTIFICATION MUST BE GIVEN TO US. ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED. -YOURS VERY TRULY, AUTHOR ZED SIGNATURE STANDBY/PERFORMANCE L/C' S 414 765-5626 JH C: FS/IOWA/AMES JOHN RUSSELL j �p i Ea Bank Milwaukee, N.A. TELEX TRT 191178 7 77 East Wisconsin Avenue SWIFT: FWISUS44 P,0. Box 532 TELEFAX: (414) 765-6207 Milwaukee, Wisconsin 53201 U.S.A. BANK y N APR 2 0 ,vn0 F CiiY CLERK CITY OF AIDES, 10WA APRIL 14 , 1998 BENEFICIARY: APPLICANT: CITY OF AMES ERBEN A. HUNZIKER AND 515 CLARK AVENUE DONALD M. FURMAN AMES, IA 50010 105 S . 16TH STREET AMES, IA 50010 OUR IRREVOCABLE STANDBY LETTER OF CREDIT NO. S103243 GENTLEMEN/MADAM: WE HEREBY ESTABLISH IN YOUR FAVOR, OUR IRREVOCABLE STANDBY LETTER OF CREDIT FOR ACCOUNT OF THE APPLICANT BY ORDER OF FIRSTAR BANK IOWA, N.A. -AMES, 405 MAIN STREET, AMES, IA 50010 NOT EXCEEDING A TOTAL AMOUNT OF 122 ,400 . 00 U.S . DOLLARS (ONE HUNDRED TWENTY TWO THOUSAND FOUR HUNDRED 00/100 U.S . DOLLARS) . PAYMENT UNDER THIS LETTER OF CREDIT IS AVAILABLE BY YOUR DRAFT(S) AT SIGHT ON FIRSTAR BANK MILWAUKEE, N.A. , MILWAUKEE, WI TO BE ACCOMPANIED BY THE FOLLOWING DOCUMENTS: BENEFICIARY' S STATEMENT SIGNED OR PURPORTING TO BE SIGNED BY OR ON BEHALF OF BENEFICIARY CERTIFYING THAT THE PUBLIC IMPROVEMENTS CALLED FOR BY THE AGREEMENT FOR PUBLIC IMPROVEMENTS FOR BENTWOOD SUBDIVISION THIRD ADDITION, STORY COUNTY, IOWA HAVE NOT BEEN COMPLETED BEFORE JUNE 30, 2000 . PARTIAL DRAWINGS ARE PERMITTED. IT IS A CONDITION OF THIS LETTER OF CREDIT THAT IT SHALL BE AUTOMATICALLY EXTENDED , WITHOUT AMENDMENT, FOR A PERIOD OF ONE YEAR FROM THE PRESENT OR ANY FUTURE EXPIRATION DATE UNLESS SIXTY (60) DAYS PRIOR TO THE EXPIRATION DATE WE SHALL NOTIFY YOU VIA CERTIFIED MAIL OR COURIER SERVICE THAT WE ELECT NOT TO EXTEND THE VALIDITY. HOWEVER, THE FINAL EXPIRY DATE WILL BE JUNE 30, 2000 . THE AMOUNT OF ANY DRAFT(S) DRAWN UNDER THIS CREDIT MUST BE ENDORSED ON THE REVERSE OF THE ORIGINAL CREDIT. ALL DRAFTS MUST BE MARKED "DRAWN UNDER FIRSTAR BANK MILWAUKEE, N.A. STANDBY ****CONTINUED ON NEXT PAGE**** �1 A Firstar Bank Milwaukee, N.A. TELEX TRT 191178 777 East Wisconsin Avenue SWIFT: FWISUS44 Wl Lm P.O. Box 532 BANKMilwaukee, Wisconsin 53201 U.S.A. TELEFAX: (414) 765-6207 OUR REF. NO. S103243 PAGE 2 LETTER OF CREDIT NUMBER S103243 DATED APRIL 14 , 1998 " . CANCELLATION OF LETTER OF CREDIT PRIOR TO EXPIRATION: THIS LETTER OF CREDIT (AND AMENDMENTS, IF ANY) MUST BE RETURNED TO US FOR CANCELLATION WITH A STATEMENT PURPORTED LY SIGNED BY THE BENEFICIARY STATING THAT THE LETTER OF CREDIT IS NO LONGER REQUIRED AND IS BEING RETURNED TO THE ISSUING BANK FOR CANCELLATION. WE HEREBY AGREE WITH YOU THAT DRAFTS DRAWN UNDER AND IN COMPLIANCE WITH THE TERMS OF THIS CREDIT WILL BE DULY HONORED ON PRESENTATION AND DELIVERY OF DOCUMENTS, AS SPECIFIED, TO FIRSTAR BANK MILWAUKEE, N.A. , LETTER OF CREDIT DEPARTMENT, P.O. BOX 532 , MILWAUKEE, WI 53201, OR TO FIRSTAR BANK IOWA, N.A. -AMES, 405 MAIN STREET, AMES, IA 500 DRAWN AND OFFICE OR BEFORE APRIL 14 , 1999 , OR ANY ' N'—� PRESENTED AT THIS O n` N EXTENDED DATE AS PREVIOUSLY INDICATED. THIS CREDIT IS SUBJECT TO THE UNIFORM CUSTOMS AND PRACTICE FOR DOCUMENTARY CREDITS ( 1993 REVISION) , INTERNATIONAL CHAMBER OF COMMERCE PUBLICATION NO. 500 (THE "UCP" ) , OR THE SUCCESSOR VERSION IN EFFECT AT THE TIME OF ANY DRAWS. VE RY TRULY YOURS, MARG GR�NE�� KAY BRE SER AUTHORIZED SIGNATURE AUTHORIZED SIGNATURE 414 765-4203 -4,14 765-5626 MG [—,'—Ipt [J"A /� Firstar Bank Milwaukee, N.A. TELEX MCI 6734217 .5 -R 777 East Wisconsin Avenue SWIFT: FWISUS44 P.O. Box 532 TELEFAX: (414) 765-6207 BANK Milwaukee, Wisconsin 53201 U.S.A. TELEFAX: (414) 765-4432 MAY 05, 1999 STANDBY LETTER OF CREDIT OUR REFERENCE S103243 AMENDMENT NO. : 001 RE: BENTWOOD 3RD ADDITION BENEFICIARY: APPLICANT: CITY OF AMES ERBEN A. HUNZIKER AND 515 CLARK AVENUE DONALD M. FURMAN AMES, IA 50010 105 S. 16TH STREET AMES, IA 50010 GENTLEMEN/MADAM: IN ACCORDA CE-WIT INSTRUC�TI N R E, S FOLLOW FROM rTH APPLICANT, THE ABO�E (LETTER �F(CREDIT' I E D LOW : CREDIT A\ NUJ T DECREEAS-ED BY 1$ 4 40Q 0 TO $3 ,0 0 . 00 . KINDLY ADVI-S"S OF OURIA`CEP I E OR REJE N OF THE ABOVE AMENDMENT BY INDICATING YOUR OPTION. PLEASE SIGN AND DATE THE ENCLOSED COPY, RETURNING SAME TO US. IF YOU DO NOT ACCEPT THIS AMENDMENT, IMMEDIATE NOTIFICATION MUST BE GIVEN TO US. ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED. YOURS VERY TRULY, r t__ A THOR ED IGNATURE STANDBY/PERFORMANCE L/C' S 414 765-5626 JH C: FS/IOWA/AMES JOHN RUSSELL F