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Home My WebLink AboutA017 - Copies of Letter of Credit, Receipt, and Check IATIONAL IRST CASHIER'S CHECK 10732 72-227-739 BANK 04/17/0 AMES•ANKENY PAY TO THE ORDER OF CITY OF AMES $ 8,162.00 EIGHT THOUSAND ONE HUNDRED SIXTY-TWO & NO/100 DOLLA TWO SIGNATURES REQUIRED OVER$1,000.00 REMITTER WOODBRIDGE DEVELOPMENT FRsr- �ubt>ta �ve •.wFs II'01073211, -3:073902274i: 19 000 411' '. .... _ _ ,_.. .. Y.-: .' .,.... _:_ . .. O•CELU%E'BLUESt 1 s - ce 515 Clark Avenue,P.O.Box 811 Caring People Ames,IA 50010 Quality Programs Exceptional service Phone: 515-239-5105 Fax: 515-239-5142 April 17, 2008 TO WHOM IT MAY CONCERN: I,Diane R.Voss,hereby certify that I have this date received,from Woodbridge Development,a cash deposit (via First National Bank Check No. 10732) in the amount of $8,162 as security for construction of sidewalks and compliance with all requirements of NPDES Permit#2 and the City's COSESCO Permit. Said instrument has been deposited into City ofAmes AccountNo.260-00900-377-5027 for retention until completion of the aforesaid public improvements in Woodbridge Subdivision, 1"Addition, to the City of Ames, Iowa. By: Diane R. Voss Title: City Clerk FIRST Released to .John R. Linoh on 4/17/08 NATIONAL BANK Sign t e AMES e ANKENY March 17,2008 IRREVOCABLE LETTER OF CREDIT#0361 BENEFICIARY: City of Ames 515 Clark Ames, IA 50010 RE: Woodbridge Development Partnership 1102 Southern Hills Drive Ames, IA 50010 Gentlemen: We hereby authorize you to draw on First National Bank,Ames, Iowa,405 5a'Street, Ames, Iowa 50010 for account of Woodbridge Development Partnership, 1102 Southern Hills Drive, Ames, Iowa 50010 up to the aggregate amount of Eight Thousand One Hundred Sixty Two and no/100 ($8,162.00) available by your draft(s) at sight on the First National Bank,Ames,Iowa to be accompanied by: 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. 0361. 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. The expiration date of this Letter of Credit is March 17, 2009. It is a condition of this Letter of Credit that it will be automatically extended without amendment for a period of one year from the expiration date hereof, or any future expiration date, until the earlier of. a) 60 days prior to the expiration date, we notify Beneficiary in writing at the above address of our election not to extend this Letter of Credit for an additional period or b) a deposit for an equivalent amount is made with the City of Ames. Upon receipt of the 60-day notice,the Beneficiary may draw on this Letter of Credit: This Letter of Credit is subject to the Uniform Customs and Practice of Documentary Credit (1993) Revision, International Chamber of Commerce Publication No. 500 or current revision in place. Sincerely, n� o R.Linch enior.Vice President APP E A TO F -M / 663-3694 BY < ,Y/ DOUGI .S Iti. I'A RE!. CITY ATTORNEY MAIN OFFICE UNIVERSITY OFFICE NORTH GRAND OFFICE CUB FOODS OFFICE ANKENY OFFICE 405 5th Street 2330 Lincoln Way 2406 Grand Avenue 3121 Grand Avenue 1205 N.Ankeny Blvd. Ames,IA 50010 Ames,IA 50014 Ames, IA 50010 Ames,IA 50010 Ankeny, IA 50023 515-232-5561 515-292-6157 515-233-2400 515-233-3363 515-965-3969 Fax 515-232-5778 Fax 515-965-0125 Member FDIC www . FN8ames . com LENDER - City Clerk's Office 515 Clark Avenue,P. 0.Box 811 Caring People Ames,1A 50010 Qaaliry Programs EwepdonW Service Phone: 515-239-5105 Fax: 515-239-5142 March 27, 2008 TO WHOM IT MAY CONCERN: I, Diane R. Voss, hereby certify that I have this date received from Woodbridge Development Partnership an Irrevocable Letter of Credit numbered 0361 in the amount of$8,162. Said instrument has been placed on file in the Ames City Clerk's Office, 515 Clark Avenue, for the development of the public improvements (sidewalks) and security for compliance with all requirements imposed by the Iowa NPDES General Permit #2 and the City COSESCO Permit, pertaining to the Woodbridge Subdivision, I"Addition, to the City of Ames, Iowa. By: CviNk�R—y�& Diane R. Voss Title: City Clerk 4 o ' uj