HomeMy WebLinkAboutA026 - Irrevocable Letter of Credit No. 1162 - $10,400 IRREVOCABLE LETTER OF CREDIT NO. 1162 DATED: December 7, 1992
City of Ames, Iowa
515 Clark
Ames, IA 50010
Attn: City Clerk
We hereby authorize the City of Ames, Iowa to draw on the Firstar Bank Ames,
Ames, Iowa 50010, for the account of E. Kent Cooper, Joan E. Cooper, Gregory
Kevin Cooper and Wendie Cooper, up to the aggregate amount of USD $10,400.00 (Ten
Thousand, Four Hundred) available by your draft (s) at sight accompanied by the
following documents:
Signed statement of the Director of Public Works of the City of Ames, Iowa
that the street constructions and paving, and other improvements as agreed
to as condition for approval of the final plat of Coopers II Subdivision,
have not been completed to meet the plans and specifications of the City
of Ames before November 15, 1993.
Each draft must state that it is "Drawn under Firstar Bank, Letter of Credit No
1162 Dated December 7, 1992. This credit and all documents specified must
accompany the draft (s) .
awn under and in compliance s drawn with the terms
We hereby agree that: all draft. ( )
of this credit will be duly honored on delivery of documents as specified if
presented at this office in Ames, Iowa no later than December 1, 1993.
FIRSTAR BANK AMES
Ames, Iowa
Richard M. Fischer
Executive Vice President
C�i R. Michaud
Vice President