HomeMy WebLinkAboutA006 - Irrevocable Letter of Credit #1191 - $90,229 Irrevocable Letter of Credit #1191 DATED: June 5, 1997
City of Ames
515 Clark
Ames, Iowa 50010
Attn: City Clerk:
We hereby authorize the City of Ames, Iowa to draw on Firstar Bank Iowa, N.A., Ames, Iowa,
50010, for the account of Erben Hunziker, Robert Buck and Reinhard Friedrich, up to the
aggregate amount of USD $90,229.00 kqTinety T.ho::sand T.,o Hundred Twenty-Nine and
NO/100 Dollars) available by your draft(s) at sight accompanied by the following documents:
A written statement certifying that the curb, gutter, street base, street surfacing or street
lighting in the 15th Addition to the Northridge Subdivision to Ames, Iowa has not been
completed.
Each draft must state that it is "Drawn under Firstar Bank, Letter of Credit No. 1191, Dated June
5, 1997." This credit and all documents specified must accompany the draft(s).
We hereby agree with you that draft(s) under and in compliance with the terms of this Letter of
Credit will be duly honored on delivery of documents as specified if presented at this office in
Ames, Iowa no later than June 5, 1998.
Except as otherwise stated herein, this Irrevocable Letter of Credit is subject to the Uniform
Customs and Practices for Documentary Credits per International Chamber of Commerce
Publication No. 290 (1974 Revision) and subject to the provision of the Commercial Code of the
State of Iowa.
Si..c•�rely
9
Firstar Bank Iowa, N.A.
Ames, Iowa
By: 1nr I BV.
y
John T. Russell Bruce D. Greenfiel
Vice President Vice President
Date _1 0.
TO WHOM IT MAY CONCERN:
I `L L( hereby certify that I have this date
received f rom 11� �Uc�S�_� -,F-\(-c.6an1 ,L , a L 1
C>',o,-� 1'�- � ' in the amount of $ (b - 00
OR Surety Bond Number issued by
Company of +
in the amount of $ which was placed on file
in the Ames City Clerk's office, 515 Clark Avenue for the development of
QUWCA SGU public improvements in
Subdivision, City of Ames, Iowa.
CITY CLERK'S OFFICE ,-
(Signature)
(Title)