HomeMy WebLinkAboutA020 - Letter of Credit #0131 Revised STFIRST
NATIONAL
BANK AMES
Locally owned...working for you since 1903.
December 14, 2001
IRREVOCABLE LETTER OF CREDIT#0131 (Revised)
RE: Bentwood Fifth Addition
CITY OF AMES
515 Clark
Ames, IA 50010
RE: H & F Partnership
105 S 16tth Street
Ames, IA 50010
Gentlemen:
We hereby open our Irrevocable Letter of Credit#0131 in favor of:
CITY OF AMES
515 Clark
Ames, IA 50010
For the account of:
H & F Partnership
105 S. 16th Street
Ames, IA 50010
In the amount of$11,200.00 U.S. Dollars. Irrevocable Letter of Credit#0131 will expire on August 21, 2002.
Drafts for payment must be accompanied by the following.
1. Beneficiary's signed statement indicating that the invoices are unpaid.
2. Copy of this Irrevocable Letter of Credit#0131.
Partial payments are permitted.
We hereby agree that drafts drawn under and in compliance with the terms of this Letter of Credit will be duly
honored.
This letter of credit is subject to the Uniform Customs and Practices for Commercial Documentary Credits (1983)
Revision, International Chamber of Commerce Publication #400.
y$incerely:
Edward C. Jacobson
Sr. Vice President/ A
MAIN OFFICE UNIVERSITY OFFICE CUB FOODS OFFICE NORTH GRAND OFFICE
5th&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
www.FNBames.com
me
City Clerk's Office
Caring People
Quality Programs
Eraptional Service
TO: City Clerk's Office
FROM: ��-�' `� �� '^ '� ' , Public Works Department
DATE:
SUBJECT: Required Security for Subdivision
A bond* in the amount of$ S Z , 7 7s is required for the P,+"y c-od 1
Subdivision. The bond will secure acceptable performance of the following public improvements:
Improvement Amount
J-rkr Li N s $ 3�v
$ 4S �7s
�NsPcc�r/OA,/ S % $ 39ro
$
$
$
/dry
*Bond: Any form of security including a letter of credit, a cash deposit, surety bond, collateral, property
or instrument of credit in an amount and form satisfactory to the City Council.
{
City Clerk's Office
515 Clark Avenue, P. O. Box 811
Caring People Ames,IA 50010
Q"al'!v Programs Phone: 515-239-5105
ExrtNrinital.ltrvirt
Fax: 515-239-5142
August 24, 2001
TO WHOM IT MAY CONCERN:
I, Diane Voss, hereby certify that I have this date received from H & F Partnership an Irrevocable
Letter of Credit numbered 0131 in the amount of$52,775.
Said instrument has been placed on file in the Ames City Clerk's Office, 515 Clark Avenue, for the
development of public improvements, specifically, street lights ($3,200), street paving($45,675), and
engineering/inspection services ($3,900), in the Bentwood Subdivision, 5th Addition, City of Ames,
Iowa.
Diane Voss
Title: City Clerk
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