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HomeMy WebLinkAboutA019 - Letter dated August 11, 2004 reducing security to $45,000 City Clerk's Office 515 Clark Avenue,P. O.Box 811 Cadng People Q-UIYP-9—W Ames,IA 50010 F-epfiondSen*e Phone: 515-239-5105 Fax: 515-239-5142 August 11, 2004 Nyemaster Law Firm 1416 Buckeye, Ste.200 Ames, Iowa 50010 Attention Deb Krauth RE: Somerset, 16th Addition Dear Deb: At their meeting of August 10, 2004, the Ames City Council accepted completion of the utilities for the above-named Subdivision. As a result, the amount of financial security required to be filed with the City of Ames has been reduced to $45,000,which includes street paving, light poles, and final fixture adjustments. Please provide a new Letter of Credit in the amount of$45,000 to the City of Ames as soon as possible. Thank you, in advance, for your.cooperation. Sincerely, Diane Voss City Clerk /dry