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HomeMy WebLinkAboutA015 - Email Correspondence dated July 30, 2015 Receipt of Check No. 14400 RE: McFarland Subdivision ,,. Diane R Voss to: dwb 07/30/2015 03:49 PM ,, Bcc: Diane R Voss Dave: I am in receipt of Check No. 14400 drawn on the account of Nyemaster Goode, P.C., in the amount of $190,000. Said check replaces Irrevocable Standby Letter of Credit No. 11187096 issued by First American Bank, 12333 University Avenue, Clive, Iowa, on behalf of McFarland Clinic, P.C. Check No. 14400 was deposited into the City of Ames Developers'Account to be held without interest until the satisfactory completion of required public improvements as outlined in the Agreement Pertaining to the Subdivision Platting and Development of Land in the City of Ames Called McFarland Subdivision. When the improvements have been completed and accepted by the Ames City Council, the security will be released and a check made payable to Nyemaster Goode, P.C., in the amount of$190,000 will be forwarded to you. Please advise if you prefer to pick up the Letter of Credit or have it mailed to you. Thank you for your cooperation and assistance in this matter. Diane Voss, City Clerk/Records Manager P. O. Box 811 Ames, Iowa 50010 (515) 239-5105