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Agenda - Council - 08/27/1985
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Agenda - Council - 08/27/1985
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
08/27/1985
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l <br />City of Ramsey <br />15153 NOWTHEN BOULEVARD N.W., RAMSEY, MINNESOTA 55303 • (612) 427.1410 <br />August 16, 1985 <br />i <br />Mr. Rick Foster <br />' River's Bend Properties <br />3155 NW Bunker Lake Road <br />Andover, MN 55303 <br />RE: Irrevocable Standby Letter of Credit 10277 <br />Amount: $260,000 <br />' Due Date: September 1, 1985 <br />Dear Mr. Foster: <br />' In reference to our letter dated July 30, 1985, the City of Ramsey has not <br />received any correspondence from the Norwest Bank regarding renewal of <br />River's Bend Properties' Letter of Credit 10277 in the amount of $260,000. <br />' Consequently, we are requesting that appropriate action be taken no later <br />than August 21, 1985 in the renewal of the subject letter of credit. <br />If you have any questions, please contact me. <br />Sincerely, <br />CITY <br />PC. Schnelle <br />Administrator <br />LGS:pjc <br />cc: City Attorney <br />Norwest Bank <br />67 <br />
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