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HomeMy WebLinkAboutA032 - Letter from City Clerk dated May 14, 2014 e Caring People 515 Clark Avenue,P. O. Box 811 Qadity Programs Ames,IA 50010 Eweptional Service Phone: 515-239-5105 Fax: 515-239-5142 May 14, 2014 Friedrich Realty 619 E. Lincoln Way Ames, Iowa 50010 Attention Kurt Friedrich RE: Somerset Subdivision, 25"' Addition Dear Kurt: At its meeting of May 13, 2014, the City Council adopted Resolution No. 14-269 accepting partial completion of public utilities, curb and gutter, and base asphalt paving required for the above- named Subdivision. As a result, the financial security for public improvements on file with the City for this Subdivision has been reduced to $60,576.52 for the remaining work that includes the asphalt surface course,pedestrian ramps, street lighting, and utility adjustments. Please provide a new Letter of Credit in the amount of$60,576.52 prior to May 30, 2014. Thank you for your attention to this matter. Sincerely, Diane Voss City Clerk /dry