HomeMy WebLinkAboutA015 - Letter of Credit No. 0315 dated September 29, 2003 - $83,750.00 r
Sr FIRST �pTIUNq
NATIONAL
BANK l (1) (1)
AMES
=�- 2001/6
Issue Date: September 29,2003
Irrevocable Letter of Credit No. 0315 RE: Somerset Sixteenth Addition
City of Ames
515 Clark
Ames,IA 50010
RE:E&M Hunziker Development LLC
105 S. 16"St.
Ames, Iowa 50010
Gentlemen:
We hereby establish our Irrevocable Letter of Credit No. 0315 in favor of
City of Ames
515 Clark
Ames,Iowa 50.010
For the account of: E&M Hunziker Development LLC
105 S.,16"'St.
Ames,Iowa 50010
In the amount of$83,750.00 U.S.Dollars. Irrevocable Letter of Credit No. 0315 will expire on
September 29,2004.
Drafts for payment must be accompanied by the following:
1. Copies of all invoices,which have remained unpaid for 60 days from invoice date.
2. Beneficiary's signed statement indicating that the invoices are unpaid.
3. Copy of this Irrevocable Letter of Credit No. 0315.
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 Practice for Documentary Credit
(1993)Revision,International Chamber of Commerce Publication#400.
Sincer
By:
Scott T. Bauer, Sr. Vice President
APPRO ED AS TO FORM
CatyAtbomey
MAIN OFFICE UNIVERSITY OFFICE CUB FOODS OFFICE NORTH GRAND OFFICE
405 5th Street 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
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