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<br />... -. . .. .-.' __'h''-h ..' n_"._ _'.... nh__.. ...-.-.." ..-..... .n.._._...._..........__ ......... .....,....... .. .,........_...~..,. '''..__., .' .......,. ,.... ", ..' """" ~:"'___. ", .'.. '.' ".,'.'_' ..-h........' ..,""..... . ,'_'." _".' ..~....'_' ,~"_'.:."".'....,, _....~'., ....:",."" ..,'-,'l.....:..:.\~;_:.._:..' :.:..,....~,._..... <br /> <br /> <br />tervi[[e <br />'Estab[isfietf 1857 <br /> <br />1880 Main Street . CenterviCCe, 9vf'J{ 55038 <br />(651) 429-3232 .:Fa:( (651) 429-8629 <br /> <br />June 16,2003 <br /> <br />Mr. Bart Rehbein <br />Glenn Rehbein Excavating, Inc. <br />8651 Naples Street NE <br />Blaine, :MN 55449 <br /> <br />RE: Irrevocable Letter of Credit No.: 5010151400-88 <br /> <br />Dear Mr. Rehbein: <br /> <br />This letter is being sent to notify you that your Irrevocable Letter of Credit, <br />5010151400-88 for The Shores is set to expire on July 11, 2003. .As stated in the <br />executed Developers Agreement for The Shores, page 4, at Section B, PRN ATE <br />IMPROVEMENTS, No. 2(e), Faithful Performance of Construction Contracts and <br />Letter of Credits, Glenn Rehbein Excavating, Inc. is required to renew or replace the <br />Irrevocable Letter of Credit no later than twenty (20) days prior to its expiration with <br />a like letter. <br /> <br />Please contact the City's Finance Director, Ellen Paulseth, to renew or replace this <br />lrrevoca"ble Letter of Credit. If you have any other questions or comments, please feel <br />free to call Ellen Paulseth, Finance Director, or me at City Hall, 651-429-3232. <br /> <br />Sincerely, <br /> <br />/// )/7 <br />q~~ l/1:t!oze - <br />I K:iID Moore-Sykes <br />City Administrator <br /> <br />