HomeMy WebLinkAboutA010 - Letter of Credit No. 9511 dated November 16, 1995 with receipt FIRST NATIONAL BANK
AMES, IOWA
Locally owned and servingAmes and Story Countysince 1903
IRREVOCABLE LETTER OF CREDIT NO. 9511 DATED 11-16-95
City of Ames,Iowa
515 Clark
Ames, Iowa 50010
ATTN: City Clerk
We hereby authorize the City of Ames, Iowa to draw on First National Bank, Ames, Iowa
50010, for the account of Stonebrook Partnership, up to the aggregate amount of USD
$20,500 (Twenty Thousand Five Hundred and no/100) (United States Dollars) available
by your draft(s) at sight accompanied by the following documents.
Signed statement of the Building Official of the City of Ames, Iowa that the terms
and provisions for completion of the underground electrical service for
Stonebrook 5th Addition have not been met by 12-31-96.
Each draft must state that it is "Drawn under First National Bank Letter of Credit No.
9511 dated November 16, 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 later than December 31, 1996.
FIRST NATIONAL BANK, AMES, IOWA
Michael J. ynn, V'ce President
UNIVERSITY OFFICE MAIN OFFICE NORTH GRAND OFFICE
2330 Lincoln Way Ames,IA 50014 5th&Burnett PO Box 607 Ames,IA 50010 Cub Foods Ames,IA 50010
515-292-6157 515-232-5561 FAX 515-232-5778 515-233-3363
Date Nc jf- ( Ir1�
TO WHOM IT MAY CONCERN:
CAz , hereby certify that I have this date
received from a `ems i
Nn q in the amount of SACS
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
a
public improvements in
Subdivision, City of Ames, Iowa.
CITY CLERK'S OFFICE
(Signature)
(Title