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HomeMy WebLinkAboutWells Fargo Amendment to LOC 11-21-19Amendment To Irrevocable Standby Letter Of Credit Number : IS000042107U Amendment Number : 002 Amend Date : November 21, 2019 BENEFICIARY APPLICANT CITY OF ORONO 2750 KELLEY PARKWAY ORONO, MINNESOTA 55356 LADIES AND GENTLEMEN: Wells Fargo Bank, N.A. U.S. Trade Services Standby Letters of Credit 794 Davis Street, end Floor lL4C W283-023, San Leandro, C.A. 94577-6922 Phone: i(800) 7 6-3862 Option z E-)Vfail: sblc-newv@wellsfargo.com JAMES R JUNDT 42486 N 109TH PLACE SCOTTSDALE, ARIZONA 85262 AT THE REQUEST AND FOR THE ACCOUNT OF THE ABOVE REFERENCED APPLICANT, WE HEREBY AMEND OUR IRREVOCABLE STANDBY LETTER OF CREDIT (THE "WELLS CREDIT") IN YOUR FAVOR AS FOLLOWS: THE CURRENT AVAILABLE AMOUNT IS DECREASED BY USD 120,199.50 TO USD 100,933.00 . ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED. THIS AMENDMENT IS TO BE ATTACHED TO THE ORIGINAL WELLS CREDIT AND IS AN INTEGRAL PART THEREOF. Very Truly Yours, WELLS FARGO BANK, N.A. Signature The original of the Letter of Credit contains an embossed seal over the Authorized Signature. Please direct any written correspondence or inquiries regarding this Letter of Credit, always quoting our reference number, to Wells Fargo Bank, National Association, Attn: U.S. Standby Trade Services at either 794 Davis Street, 2nd Floor MAC A0283-023, San Leandro, CA 94577-6922 or 401 N. Research Pkwy, 1st Floor MAC D4004-017, WINSTOWSALEM, NC 27101-4157 Phone inquiries regarding this credit should be directed to our Standby Customer Connection Professionals 1-800-776-3862 Option 2 (Hours of Operation: 8:00 a.m. PT to 5:00 p.m. PT) 1583 1-800-776-3862 Option 2 (Hours of Operation: 8:00 a.m. EST to 5:00 p.m. EST) Page 1 of 2 Each page of this document is an integral part oI this Irrevocable Standby Letter of Credit Number 15000042107U ,Amendment Number 002 Consent to Amendment 002 on Standby Letter of Credit No. IS000042107U is required to become effective. Please date and sign below and return a copy via e-mailtostandbylc@welisfargo.com or return an original signed copy to our office located at either. 794 Davis Street, 2nd Floor MAC A0283-0231 San Leandro, CA 94577-6922 or Fax to 844-879-2898. Amendment accepted in its entirety Date Telephone Number 1583 or 401 N. Research Pkwy, 1st Floor MAC D4004-017, WINSTON-SALEM, NC 27101-4157 or Fax to 844-879-2898. r` Amendment rejected in its entirety tore - CITY OF ORONO CVA7 �afNGIW Printed Name of Authorized Signer Page 2 of 2 Each page of this multipage document is an integral part of th1s Irrevocable Standby Letter of Credit Number 15000042107U ,Amendment Number 002