HomeMy WebLinkAboutA020 - Letter dated January 4, 1995 authorizing City of Ames to draw on Story County Bank & Trust for $500 Story County Bank & Trust
City of Ames, Iowa
515 Clark Avenue
Ames, Iowa 50010
Attention : City Clerk
We hereby authorize the City of Ames, Iowa to draw on Story County
Bank & Trust, 301 Fifth Street, Ames, Iowa 50010, for the account
of Ron Coy, up to the aggregate amount of USD 500 . 00 (Five Hundred
and no/100 United States Dollars) . Available by your draft (s) at
sight accompanied by the following documents
Signed statement of Director of Public Works of the City of
Ames, Iowa, that the street service and/or sidewalks on the
final plat of DEARBORNE ESTATES, AMES, IOWA, and further
described in an Agreement between Ron Coy and the City of
Ames, Iowa, dated June 25, 1991 for the construction of said
improvements, have been installed to meet the plans and
specification- of the City of Ames before June 25, 1994, or as
extended.
Each draft must state that it is "Drawn under Story County Bank &
Trust Letter of Credit NO. 22 dated January 4, 1995" . This credit
and all documents specified must accompany the draft (s) .
We hereby agree that all draft (s) drawn under. and in compliance
with the terms of this credit will be duly honored on delivery of
documents as specified if presented at this office in Ames, Iowa,
no latter than June 25, 1995 .
This letter replaces our Letter of Credit NO. 18 dated June 25,
1994, issued in the amount. of $3 , 000 . 00 .
Dated this 4th day of January, 1.995 .
STORY COUNTY. BANK & TRUST
Ames, Iowa
BY ��
LeRoy(ye—stlar, Senior Vice-President
BY
Tim ryo , Assis t Vice-President
Fifth and Kellogg/Ames,.Iowa 50010/515-233-3130