HomeMy WebLinkAboutA034 - Letter to Hunziker & Associates dated December 12, 2001 . � 4
' City Clerk's Office
515 Clark Avenue,P. O.Box 811
Ames, IA 50010
Caring People Qual Progm'ns Phone: 515-239-5105
ity
Exieptia'tal.1en'ice Fax: 515-239-5142
December 12, 2001
Hunziker&Associates
105 S. 16th Street
Ames, Iowa 50010
Attention Dean Hunziker
Dear Dean:
At their meeting of Decemberl 1, 2001, the Ames City Council adopted Resolution No. 01-551
accepting completion of the required surface paving and modifying the amount of financial
security.for Dayton Park Subdivision, 3rd Addition. As a result, the financial security for public
improvements on file with the City has been reduced to zero.
The Letter of Credit#0015 has been released and is enclosed herewith.
If you have any questions, please contact me.
Sincerely,
Diane Voss
City Clerk
/dry
Enclosure
Copy to: John Joiner, Public Works
Thomas H. Pohlman,First National Bank
srFIRST
NATIONAL
BANK AMES
Locally owned...working for you since 1903.
July 31, 2000
IRREVOCABLE LETTER OF CREDIT #0015 RE: Dayton Park— 3`d Addition — Street Improvements
CITY OF AMES
515 Clark
Ames, Iowa 50010
RE: Dayton Park, LLC
105 South 161h Street
Ames, Iowa 50010
Gentiemen:
We hereby open our Irrevocable Letter of Credit #0015 in favor of: C,`f -CCi H I(�, per
J-c h n , -tom
CITY OF AMES F}1z fit,,
515 Clark
Ames, Iowa 50010 � � -t,rti� L A
C=ti 4
l�, �55�_c�
For the account of: Dayton Park, LLC I
105 South 161h Street
Ames, Iowa 50010
In the amount of$10,000.00 U.S. Dollars. Irrevocable Letter of Credit #0015 will expire on July 1, 2001.
Drafts for payment must be accompanied by the following:
1. Copies of all invoices which have remained unpaid for 60 days from invoice date.
2. Beneficiary's signed statement indicating that the invoices are unpaid.
3. Copy of this Irrevocable Letter of Credit#0015.
Partial payments are permitted.
We hprphv anrpp that drafts drawn i-inrjPr anri in rmmnlianr-a with tha tprmc of this I_Aftpr of (.rariit \rtrill hP hl]I%!
honored. J
This letter of credit is subject to the Uniform Customs and Practices for Commercial Documentary Credits
(1983) Revision, International Chamber of Commerce Publication #400.
Sincerely,
A� �
Thomas H. Pohlman
President
MAIN OFFICE UNIVERSITY OFFICE CUB FOODS OFFICE NORTH GRAND OFFICE
5Ih&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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