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HomeMy WebLinkAboutA021 - Letter dated August 27, 2008 regarding reduction of financial security to $16,500 Qrin8 PP k 515 Clark Avenue,P.0.Box 811 eo Q-Utr Pro-g­ Ames,IA 50010 bw*1iond Sovice Phone: 515-239-5105 Fax: 515-239-5142 August 27, 2008 Hunziker&Associates 105 S. 16th Street Ames, Iowa 50010 Attention Chuck Winkleblack RE: Northridge Heights Subdivision, 1 lt'Addition Dear Chuck: At its meetirig of August 26, 2008, the Ames City Council adopted Resolution No. 08-375 accepting partial completion of public improvements for the above-named Subdivision. As a result, the amount of financial security for public improvements on file with the City for this Subdivision has been reduced to $16,500 for the remaining work(street lighting). I would appreciate your filing a new Letter of Credit in the amount of$16,500 at your earliest convenience; at which time, I will release the current one in the amount of$76,000. Thank you, in advance, for your cooperation. Sincerely, Diane Voss City Clerk /dry