HomeMy WebLinkAboutA019 - Letter dated May 29, 2002 reducing Letter of Credit No. 1246 to $5,000 - City Clerk's Office
515 Clark Avenue,P. O.Box 811
Caring People Ames,IA 50010
Qia°'y hWa— Phone: 515-239-5105
Fwephoaal Smite Fax: 515-23 9-5142
May 29, 2002
Clarke County State Bank
Osceola,
Iowa 50213
Attention Anthony D. Schultz
RE: Irrevocable Letter of Credit#1246
Dear Mr. Schultz:
At their meeting of May 28, 2002, the Ames City Council adopted Resolution No. 02-303
accepting partial completion of public improvements and modifying the amount of financial
security for the Country Meadows Subdivision, 2nd Addition.
The Public Works Department has certified that the utilities and base paving required for this
Subdivision have been completed in an acceptable manner. As a result of this certification, the
financial security required for the remaining public improvements (asphalt surface paving) has
been reduced to $5,000. Please file anew Letter of Credit in that amount by June 14, 2002.
Thank you for your assistance.
Sincerely,
Diane Voss
City Clerk
/dry
Copy to: Attorney Craig Hastings, P. O. Box 1794, Ames, Iowa 50010
Mr. Matt Eller, 3219 Valley View Road, Ames, Iowa 50014