HomeMy WebLinkAboutA027 - Letter dated August 7, 2000 regarding Letter of Credit #0016 - $130,000 i
ST FIRST
NATIONAL d
RANK AMES
August 7, 2000
IRREVOCABLE LETTER OF CREDIT#0016
RE: Dickinson Avenue—Street Improvements
CITY OF AMES
515 Clark 16 1 '
Ames, Iowa 50010
CITY CLERK
RE: Terra Firma, L.P. CITY OF AMf.S,IOWA
207 Stanton Avenue
Ames, Iowa 50014
Gentlemen:
We hereby open our Irrevocable Letter of Credit#0016 in favor of:
CITY OF AMES
515 Clark
Ames, Iowa 50010
For the account of: TERRA FIRMA, L.P.
207 Stanton Avenue
Ames, Iowa 50014
In the amount of$130,000.00 U.S. Dollars. Irrevocable Letter of Credit#0016 will expire on
December 31, 2000.
Drafts for payment must be accompanied by the following:
1. Beneficiary's signed statement indicating that the invoices are unpaid.
2. Copy of this Irrevocable Letter of Credit#0016.
Partial payi-jents.are permitted.
We hereby agree that drafts drawn under and in compliance with the terms of this Letter of Credit will be duly
honored.
This letter of credit is subject to the Uniform Customs and Practices for Commercial Documentary Credits
(1983) Revision, International Chamber of Commerce Publication #400.
Si ,
Edward C. Jacobson l�
Sr. Vice President
MAIN OFFICE UNIVERSITY OFFICE CUB FOODS OFFICE NORTH GRAND OFFICE
5th&Burnett PO Box 607 Ames,IA 50010 2330 Lincoln Way Ames,IA 50014 3121 Grand Ames,IA 50010 2406 Grand Ames,IA 50010
515-232-5561 FAX 515-232-5778 515-292-6157 515-233-3363 515-233-2400 .
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