HomeMy WebLinkAboutA014 - Letter dated December 2, 2009 regarding release of letter of credit No. 634 Caring People 515 Clark Avenue,P.0.Box 811
QualiaP-a- Ames,IA 50010
E`eept°nal service Phone: 515-239-5105
Fax: 515-239-5142
December 2, 2009
Community State Bank
1640 White Birch Street
Ankeny, Iowa 50023
Attention Kyle Yencer
RE: Grand Aspen Subdivision, Third Addition
Letter of Credit (LOC) No. 634
Dear Mr. Yencer:
At its meeting of October 13, 2009, the Ames City Council adopted Resolution No. 09-484
accepting completion of the bike path and street lane widening along Lot 1 of the above-named
Subdivision. Irrevocable Letter of Credit No. 634 was therefore released, and same is enclosed
herewith. The second LOC filed for this Subdivision in the amount of$180,670 (for the street lane
from the east side of Outlot B)will be released by the Council at its meeting scheduled for
December 8; it will be returned to you upon adoption of the Resolution.
If you have questions,please call. Thanks you.
Sincerely,
Diane Voss
City Clerk
/dry
Enclosure
Copy to: Larry R. Curtis