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Res. #07-053 - Securing a Letter of Credit for the Backage Road Project for RCWD
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Res. #07-053 - Securing a Letter of Credit for the Backage Road Project for RCWD
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12/27/2007 3:25:16 PM
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12/27/2007 3:17:21 PM
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<br /> <br />tervi{{e <br /> <br />1880 :Main Street, Centervilfe, ~W 55038 <br />651-429-3232 or Pax.. 651-429-8629 <br /> <br />'L~tab{i....,fzL'ttf 1(.~57 <br />STATE OF MINNESOTA <br />COUNTY OF ANOKA <br />CITY OF CENTERVILLE <br /> <br />RESOLUTION #07-053 <br /> <br />RESOLUTION SECURING A LETTER OF CREDIT FOR THE BACKAGE <br />ROAD PROJECT FOR RICE CREEK WATERSHED DISTRICT (RCWD) <br /> <br />WHEREAS, City of Centerville received a permit from the Rice Creek Watershed <br />District for the Backage Road Project; <br /> <br />WHEREAS, the Rice Creek Watershed District is requiring a letter of credit from the <br />City ofCenterville in the amount of$31,OOO for a term of three years; <br /> <br />NOW THERE FOR BE IT RESOLVED, that the City Council authorize the City to <br />secure a letter of credit from Mainstreet Bank, Centerville, Minnesota and provide same <br />to the Rice Creek Watershed District. <br /> <br />Adopted by the Council thisU~day of December, 2007. <br /> <br />CAtte~'~A ') yJ;4<~~ <br />Teresa Bender, City Clerk <br /> <br />
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