HomeMy WebLinkAboutA017 - Letter to Friedrich Realty dated December 12, 2001 - reduction of financial security ' City Clerk's Office
515 Clark Avenue,P. O.Box 811
Caring People Ames,IA 50010
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ograms Phone: 515-239-5105
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Fax: 515-239-5142
December 12, 2001
Friedrich Realty
Sixth and Duff
Ames, Iowa 50010
Attention Kurt Friedrich
Dear Kurt:
At their meeting of December 11, 2001, the Ames City Council adopted Resolution No. 01-549
accepting completion of the required utilities and base paving and modifying the amount of
financial security for Suncrest Subdivision, Phase II. As a result, the financial security for public
improvements on file with the City has been lessened to $40,000 for the asphalt surface paving,
final fixture adjustments, and streetlights.
Please provide a new Letter of Credit in the amount of$40,000 at your earliest convenience.
If you have any questions,please contact me.
Sincerely,
_1 l
Diane Voss
City Clerk
/dry
Enclosure
Copy to: John Joiner, Public Works
Ed Jacobson, First National Bank