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<br />BB1 <br />R&R Leasing, Inc. <br />IRREVOCABLE LETTER OF CREDIT ORSECURITY BOND <br /> <br /> No. ___________________ <br /> Date:_________________ <br /> <br />TO: City of Centerville <br /> 1880 Main Street <br /> Centerville, MN 55038 <br /> <br />Dear Sir or Madam: <br /> <br /> We hereby issue, for the account of R&R Leasing, Inc., a Minnesota Limited Liability <br />Company, and in your favor, our bond in the amount of $810,039.62 (= $540,026.41 x 150%). <br /> <br />\[INSERT DOCUMENT HERE\] <br /> <br /> <br />Version 10/11/2021 Page 26 <br /> <br />