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<br />._,-_...-....-.-._,.-..,---~.-""~.~._..._--' <br /> <br />Memorandum <br /> <br />Date: <br /> <br />July 22, 1998 <br /> <br />Re: <br /> <br />Kim Lee, City Planner <br />Jay Kennedy, Assistant Public Works Director ~ <br />SOUTHWIND OF ROSEVILLE LETTER OF CREDIT REDUCTION <br /> <br />To: <br /> <br />From: <br /> <br />As you requested, I have reviewed the Letter of Credit needs for the project referenced above. <br />The following represents the recommended letters of credit: <br /> <br />Sanitary Sewer <br />Water Main <br />Storm Drainage <br />Street Construction <br />Sidewalk <br />Grading <br />Survey Monuments <br />Boulevard Sod <br />Boulevard Trees <br />Street Lights <br />TOTAL <br />x 1.5% <br /> <br />$1,000 <br />$1,000 <br />$500 <br />$7,600 <br />$3,100 <br />$1,000 <br />$2,000 <br />$1,500 <br />$4,800 <br />$4,000 <br />$26,500 <br />$39,750 <br /> <br />If you have any questions regarding this, you can contact me at 221. <br /> <br />c: Doug Strong, Engineering Supervisor <br />