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� � v,�->-r-ux�rt�f - <br /> � Investment �'Ia.�-adement � T�� �+'or�vest �an� �`Iinnesota, \.�_ <br /> Norwest Center <br /> s <br /> Private Ban ina_ <br /> C ist� and �Iarquette <br /> Vlinneapolis, `Iinnesota �:-�19-0039 <br /> February 22, 1996 <br /> City of Orono <br /> Attn.: Finance Director <br /> P.O. Box 66 <br /> Crynal Bay, MN 55323 <br /> Re: Septic Improvements at 1425 Bay Ridge Road; Orono, Nlinnesota <br /> The purpose of this letter is to assign assets to the City of Orono in compliance with the <br /> City of Orono, Hennipen County, ��esota Septic System Upgrade Agreement for Susan <br /> T. Whitworth and William K. Whitworth, 1425 Bay Ridge Road, dated //' <br /> We hereby assign and pledge funds u ber 1117-880-00 S�This Os�to ensu e�compleStion of <br /> Investment Management Account N <br /> septic improvements by the Completion�e addres a cou� is: � as stated in <br /> t he Sep ti c S y s t e m U p g r a d e A g r e e m e n t. <br /> Wallace D. Stukel <br /> Norwest Bank Minnesota, N.A <br /> � 6th and Marquette <br /> Minneapolis, NIN 55479-0039 <br /> The City of Orono may draw upon these funds at any time up to six months after the <br /> completion date, specified above, by providing written notice to Norwest Bank Minnesota <br /> at the above address. The notice will be signed by an authorized official of the City of <br /> Orono and will state that Susan T. �fi'`'he Se�tc Svs em Up�d A�ement�ed to <br /> P e r f o r m i n a c c o r d an c e w rt h t h e t e r m s o . . <br /> The term of this assignment of funds will be in accordance with paragraph 6, of the Septic <br /> System T,Tpgrade Agreement. <br /> \ / , /� � � _ <br /> i ,���,�/������ - <br /> usan T. Whitworth W�lliam K. Whitwo�h <br /> /� ,, <br /> �iC/ � <br /> Wallace D. Stukei, Vice President <br /> Norwest Bank Minnesota,N. A , <br />� _ • <br />