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HomeMy WebLinkAboutA007 - Letter of Credit No. 0331 dated October 6, 2004 STFIRST NATIONAL BANK AMES Issue Date: October 6, 2004 Irrevocable Letter of Credit No. 0331 RE: Randall Corporation - 4-;1pe" iz4c 420 S. 17th Street Ames, Iowa 50010 Gentlemen: We hereby establish this irrevocable Letter of Credit No. 0331 in favor of City of Ames 515 Clark Ames, Iowa 50010 For the account of: Randall Corporation 420 S. 17th Street Ames, Iowa 50010 In the amount of$9,000.00 U.S. Dollars. Irrevocable Letter of Credit No 0331 will Expire on October 6, 2005. 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. 0331. 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 fro Documentary Credit (1993) Revision, International Chamber of Commerce Publication #400. Sincerely, A, M, wa/LHI Ann M. Martin Vice President Main Office University Office Cub Foods Office North Grand Office 405 5th Street 2330 Lincoln Way 3121 Grand Avenue 2406 Grand Avenue Ames, IA 50010 Ames, IA 50014 Ames, IA 50010 Ames, IA 50010 515-232-5561 515-292-6157 515-233-3363 515-233-2400 Fax 515-232-5778 Member FDIC www.FNBames.com LENDER ® City Clerk's Office 515 Clark Avenue,P. O.Box 811 Caring People Ames,IA 50010 Quality Progrtuns Exceptional se—e Phone: 515-239-5105 Fax: 515-239-5142 October 6, 2004 TO WHOM IT MAY CONCERN: I, Diane Voss, hereby certify that I have this date received from First National Bank, on behalf of Randall Corporation, an Irrevocable Letter of Credit in the amount of$9,000. Said instrument has been placed on file in the Ames City Clerk's Office, 515 Clark Avenue, for the development of public improvements, specifically, a bike path in the Aspen Ridge Subdivision. By: (:�Lat'A Diane Voss Title: City Clerk John C Joiner/COA To Eric C Jensen/COA@COA 10/05/2004 11:16 AM matt@randallcorp.com,srenaud@foxeng.com, Diane R cc Voss/COA@COA z bcc Subject Aspen Ridge The financial security for the bike path should be in the amount of$9000. AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA John C. Joiner, P.E. City of Ames Public Works Dept. 515 Clark Avenue Ames, Iowa 50010 Desk 515-239-5165 Fax 515-239-5404 DEPARTMENT OF PLANNING & HOUSING 515 Clark Avenue,P.O. Box 811,Ames, IA 50010 Coring People Phone: 515-239-5400 ♦ Fax: 515-239-5404 Qwiiry Programs Exceptional Service ejensen@city.ames.ia.us September 27, 2004 7SEP 8 2004 Matthew Randall Randall Corporation CITY CLERK aWp CITY 0r o-- Es, 420 South 17t' Street Ames, Iowa 50010 Dear Mr. Randall: The Department of Planning and Housing is in receipt of the required documents for the Major Final Plat for Aspen Ridge Subdivision. In reviewing these documents, we have determined that they are complete as required by Section 23.302(9)(c)of the Municipal Code. The time for processing this request will begin on September 27, 2004. Subject to review and determination of accuracy of contents, this item will be tentatively scheduled for a decision of the City Council at the meeting of October 12,2004. It is advised that u or your representative be at the City Council meeting to represent this request. If you have questions on this matter, please contact the Department of Planning and Housing at (515)239-5400. Since ly, Eric C. Jensen Planner ECJ\clh c: Diane Voss, City Clerk S:\Conunittees\DRC\Subdivision\majorcompletelettermaster.doc I " 1, oe i T o N a; U v � o � � W o � o v� Q r o m OD O 0 y O � d � o U o0 C �n U