HomeMy WebLinkAboutLetter of Credit info - 2005/2009 .. • ��U� / � �l�/-�C'�% f�� l�f
, _ ��_ ,
�EAGI�� VALLE���
Burns�.��le �A��
3000 W. Co. RD. 42, P.O. BOX 1 173 Si,ice1919 PHONE 952-736-7775
BURNSviLLE, MN 55337 FAX 952-736-2301
March 24, 2005
City of Orono
P.O. Box 66
Crystal Bay, MN 55323
We open Irrevocable Standby Letter of Credit Number 1182 in the amount of Thirty Two
Thousand Four Hundred Thirty and 00/100 ($32,430.00) U.S. Dollars in favor of yourselves
for the account of Eric J. Vogstrom expires June 30, 2008 at our counters.
Available against drafts drawn at sight on Eagle Valley Bank,N.A., 3000 County Road 42
W, Burnsville, MN 55337 bearing the clause, "Drawn under Standby Letter of Credit No.
1182 of Eagle Valley Bank,N.A., 3000 County Road 42 W, Burnsville, MN 55337."
Accompanied by:
1. A beneficiary's signed statement stating Eric J. Vogstrom has defaulted under the
terms and conditions of the agreement concerning the Vegetation Restoration Plan in
conjunction with the North 80 feet of Block 3, Winships Subdivision of Lot 1, Sprint
Park Addition, Hennepin County, Minnesota, Orono, between the City of Orono and
Eric J. Vogstrom.
2. This original Letter of Credit for Endorsement.
Special Condition (s):
L The Letter of Credit expires June 30, 2008.
Payment will be made at the counter of Eagle Valley Bank,N.A., Attn: Standby Letter of
Credit No. 1182, 3000 County Road 42, Burnsville,MN 55337.
This credit is subject to the uniform customs and practice for documentary unless otherwise
stated, all documents are to be forwarded to us by maii, or nand deiivered to our counters.
Documents to be directed to: Eagle Valley Bank,N.A.
3000 County Road 42 W
Burnsville, NIN 55337
We hereby engaQe with drawers and/or bond fide holders that drafts drawn and negotiated in -
conformity with the terms of this credit will be duly honored upon presentation.
Eagle Valley Bank,N.A.
`�� �� � � ���
� � �, �;� cv �'
Kevin D. Thielfoldt—Vice Presi�ent '
Our business is communitti buildino.
�-, . i ,—� t . _._ �,__ i_.._._"' ... .. ...�,. �nicR CITF �n�����n�AaniA��allavhankcnm
THIS AGREEMENT and REL�ASE made and entered into this o� day of
�jj�P,� , 2005 by and between the City of Orono, a municipal corporation located in
the County of Hennepin, State of Minnesota (hereinafter referred to as City of Orono)
and Eric and Elizabeth Vogstrom, owners of the property at 2618 Casco Point Road,
Wayzata, MN (hereinafter referred to as the Vogstroms).
In consideration of the covenants contained herein, and in consideration of the
Vogstroms' agreement to restore vegetation, on their property and adjacent City of Orono
property, as shown on the Vegetation Restoration Plan attached as Exhibit A to this
document, to replace trees and undergrowth removed on the Vogstroms' property in
violation of City Codes and on adjacent property within the City limits of the City of
Orono, the parties agree as follows:
1. The legal description of the Vogstrom property is as follows: North 80 feet of
Block 3, Winships Subdivision of Lot 1, Spring Park Second Addition, Hennepin
County, Minnesota (hereinafter, the Property)
2. This AGREEMENT resolves the dispute related to the unauthorized removal of
trees and vegetation from the Property within 75' of the shoreline of Lake
Minnetonka and on adjacent City of Orono property.
3. The City of Orono agrees to discontinue pursuit of legal action against the
Vogstroms related to the unauthorized removal of trees and vegetation clear
cutting within 75' of the shareline of Lake Minnetonl<a, in exchange for the
Vogstroms and/or their successors and assigns agreement to plant and maintain
the trees, shrubs and groundcovers set out in the Vegetation Restoration Plan
which is attached as Exhibit A to this document. The trees and other plantings
shall be planted as soon as practicable, but in no case shall a Certificate of
Occupancy be issued until the Vegetation Restoration Plan has been fully
executed.
4. Tlze trees, shrubs and groundcovers within 75' of the shoreline of Lake
Minnetonka shall be planted no later than June 30, 200�. The trees, shrubs and
groundcovers to be planted outside the 75' setback of the shoreline of Lake
Minnetonka shall be planted prior to the issuance of a Certificate of Occupancy
and no later than Septembei� 30, 2005.
5. The City of Orono may enter the Property to inspect the planting, in order to
deterinine that the trees, shrubs and groundcovers are planted in accordance with
the Vegetation Restoration Plan.
Pa�e 1 of 3
6. The Vogstroms and their successors and assigns shall allow an annual inspection
by the City of Orono to determine that the trees, shrubs and groundcovers are
growing, and the Vogstroms and their successors and assigns shall replant any
trees, shrubs ar groundcovers that are dead or dying, and shall use best efforts to
facilitate the life and growth of the trees, shrubs and groundcovers. This
requirement shall continue in effect until each of the trees planted within 75' of
the shoreline of Lake Minnetonka has reached a diameter of six inches, or 19
inches in circumference, at a point measured three feet above the ground.
Additionally, this AGREEMENT shall continue in effect for the trees to be
planted outside the 75' setback from the shoreline of Lake Minnetonka for no less
than 5 years from their planting.
7. Performance Deposit: For the purposes of assuring to the City that the Vegetation
Restoration Plan will be completed according to the terms of this AGREEMENT,
and that the Vogstroms will pay all claims for work done and materials and
supplies furnished, the Vogstroms have deposited with the City at the time of the
execution of this AGREEMENT an irrevocable Letter of Credit from a Minnesota
Bank in a form satisfactory to the City providing that the City is able to draw
upon such Letter of Credit in its sole discretion to enter the property and complete
the improvements if the Vogstroms fail to satisfactorily complete the work prior
to the completion date specified in Item 4 above. The Letter of Credit shall be
expire no sooner than three years after the completion date specified in Section 4
above, or no sooner than June 30, 2008 whichever is later, to ensure viability of
the plantings. The amot►nt of such deposit shall not be reduced before substantial
completion of the Vegetation Restoration Plan.
8. The Vogstroms and their successors and assigns shall not trim any of the parts of
the trees or shrubs, or remove any of the trees or shrubs, without City of Orono
approval.
9. The vegetation within the wetland and within 26' landward of the wetland
boundary shall not be mowed.
10. This AGREEMENT shall remain in effect until both parties agree to amend or
terminate this AGREEMENT. This AGREEMENT may be enforced by injunctive
relief in the courts of the State of Minnesota.
11. This AGREEMENT may be filed against the Property. The Vogstroms agree to
obtain the consent of any other holders of interests in the Property in order to
allow this AGREEMENT and RELEASE to be filed.
Page 2 of 3
For the City of Orono For the Vogstroms, their heirs, successors
and assigns
� Q ,
.
. C ' �
< �� v �`--~:'i � ii —...��
. , _ .... � -�-�-�
, __ _ ..____.
Ronald J. oorse ` ric J. Vo trom
City Administrator �., �`
�
Elizabe . Vo�strom
STATE OF MINNESOTA
COUNTY OF HENNEPIN
This instrument was acknowledged before me this� ?:�`�'day of j'7%?��:� ��<;2005
by Eric Joel Vogstrom, husband of Elizabeth A. Vogstrom.
� ��"V•�= RACHEL DODGE �� ^ � �� (
�_��. c.:-- �- t�--�_ c"= ,G�
,��y <,
��! �;; =�,a;='.`� nTARY PUBLIC-MINNESOTA NOt3T'y PUbI1C
� �=�n,m ssion Expires Jan-31,2010
STATE OF MINNESOTA
COUNTY OF HENNEPIN
fc.,
This instrument was acknowledged before me this ._�`�day of ��I�'.�.��c-��-, 2005
by Elizabeth A. Vogstrom, wife of Eric Joel Vogstrom.
� 1,�:
�. ' -
, -
� „ � C." t'C't�i,�--
�� J �- r':� `f�. _
' " ����.rN�=` DOGGE Notary Public `
,;.�r��,`(���a 'IOTARY PUBLIC-MINNESOTA
�;, � "�"i�°' ?Ay Commissicn Expires Jan 31,2010
�_. _'�:�a'��
c:�a�.a�'
Page 3 of 3
VEGETATION RESTOR.ATION PLAN APPROVAL
Reference the attached plan by Markell Laberee Design Group dated December 22, 2004 for
2618 Casco Point Road, Wayzata, MI�T
The City of Orono hereby approves the above referenced plan subject to the following
additional conditions:
1. The Black Hills Spruce trees proposed for the property's eastern "point" shall be
12' in height rather than 8' as proposed; and
2. All of the attached City Engineer recomrnendations shall be met; and
3. No trees shall be replaced by the Vogstroms on the Essens' property; and
4. The trees proposed on the City right-of-way shall be located further east to be
within the Vogstroms' property or as close as feasible to the property line; and
5. The existing ash trees located within the area labeled "stand of buckthorn to be
removed" on the property's eastern "point" shall not be removed. The property
owner shall meet with City staff on the site pi-ior to any tree removals to identify
vegetation to be removed and to remain.
' � � � . ,
� � ���� o �'�� � ._.,, � ' ' �3��'rP
• �!l���� . . . -CS��c��unP ID� 1.5".£Im ��'u
Tree stumps
loea!lon shown � ' t ����-(P'�
-- ' n*� �� C�suk�" o:p«�r,z�r
/� nat �eld wri�ed (��.�(
��° � ' :' -- - - - .-- -. - - -�Ul� _ �'�il _ URNi3'� , .- L- _ _ - - - - " - - - - - - - - - - - - - - - - •
� � � � Q� l.5'8uck(hom
i � �} � � ��' r rree slump ��
� � ',���`^���{�-�„_, , '. � . , � /ocalion shown SuF'C 3 ,
1 1 =�� os pe�diont
i ' '' ,� - ,J
��� . : • %� . f not �eld va�l\� Ji..l . � � � ��i �/`v �iJ
. � �.�._p� .. , �
� f / 2E�f'oikj � ' , j �� 1 � r� '.r+/ � � �� �i �' /� � . . SV
� � Vni�ii
. . ry � r �s9 /r;�Aiep / � � F � �
r 's n • � i � o � I v ����.�) ; � i ��i i L -------- � lo'
, 1
� �
� � <� � �, � � � - ------•--..__ • ---•-------- -----•- � LW' 89 2.3 •• �
�
�
,
r ' � � i '
, , „ , , , _.
; !
�,, : ;� . ;, - � ; i . . . . . , ,
r �'��r1 12�5 ruce��Zuh � \�'i �'� ��'S 89:�3��Q`��,E Nor1h ling af loc ,J�w sn�ps - .. -------- - --93.15 I-E � F 1' d
P �'��+ --�•9a , � �Subd. of'Lat 1 S rng P�k 2nd Addilim .23�
�-----�^_ %i �o;,���r�'Pod�', --2�i.10 ,- � �. l�" �
. i. 5.,+,: '; ---,----�-- .
,•�' r 4��Sprvice fu �, ;, SpN � ,� �- ---- �6�.�Q-- 8'Ook ,o
� 6 Om Sfum , �u '�� • ' ;' i i ,
..9q$-...' p ^. ' .iQ• / ��NcrG�e �u es ' r e s� � S B9231���I E I • , � 1 �
� r t� .+§ ���a41� i�q� I otr sno� �� I �
Q s��`Sv �y, , �j �Q�2.d'Ook fump 8� ',17,7�oe � !i i 1 . � /� a�
� � � 'Lce v �� 4�.I- _ 'C/� m � n � T � y�a� I � I \ I� � 5
°y `�`�-'- S�onG Ret. W�SN 'I `+�'' I � �� �� . �otf°�I
� , � /i C ° �
� 'o eh 0 F ' � �9 sa.rr. �� 18 I / �/
-��. ,p � ti: ' � � �� �/ i � umP . i , a'Sprvice \
N I � i/ 8 QC�o 0� .-•v M' �'p� ' � � ' � �, � i � ���a � �+°� St Tree Preseivation Notes: r�«sfump I \ ` I �� V _•9 ' ''I
+� �� a C `�' '� p ,�$ � ati�"Ash Stymp � �a 12";Oo� � c� � / o�t° �
�aeatian shown / I .•' J
V y 30 ;.. '� � a � G os par c4ent / ,•'" //
J � P��, '��a�O.v � ;•• �� � �� j� � ;' ?'� o. ,.� t{�P;,�nP � 1. A!I information on this drawing provided to Markell-Laberee by no� /!dd verlfied'--�'�"
�
F a 1 � 3� ,� � ; , ; I , % 5 Vo ue Desi n. {r� � - �,o�� ' -i� !
{ .�? F h �- Jo . 6� �� � � � .' a 1�i � '� �•Ash I g g � J / �ti9
o =--� - �- -- 1 � 2..26 Trees were removed within the 75 lakeshore setback and
� � � k.. ;' ' � , � ;� I r��a r�ump �j I Road Right-of-Way, counting each stem of clumps as � e' I � �J o°a
o '�� � • � -.'••• .,p��.5 t' �� � / � I nt� , * locot/on shown ' � /G o`d
Dq � y � `h' y� �� I / �f, m '� � o s p e r c l i e n(
,� r� w/n 8' r�se Stum o,,ry ��(,�4�a � �� j o I nol,Frald vanred I individuals. ,
2'Spruce � �
� .+ , `1�c q'� l �+ 4 � � I Tlee stuTps �,
o-sP����Slump _.r`� Q �,? � / b o 3, 7 Trees were removed within the city right-of-way.
,p j, o Q f Q' lacat/on shaw�� ( /i� ,� °�
r �l . �t g• I A m �14�Oo�t �I`o� os er dlen! rv l� / �� 0 �
� � 6'Elm St p"•- �c� 1 il ,� a 3 a 4. 5 Trees were removed on neighboring property. P � "�' �c- : � a4
0 � � r•--�--•946•': . ,�'Ss� 3� e �6:� patJ� �75 h � � � �oi I I not Field wri�ed
`�' 4•s���� sr�m � �`° `� � P[qP• ���` / � °" �•�'" 5. T'he totai number of trees to be replaced is 38, i� �'��� �
�' � � / �oe ' ' .ta� S�fone eL �all 1 qb 7iee slump n I '� ,➢
�
� i v �.o ;' / b , ro�orra� snow� � 6. City requires a minimum 3 restoration tree per tree removed. ;��,, I � � ',�
i� � �/ L w� --yA6�-/ - � - � r , W� as e�c/!an f `
� 4�Fla /e Sturri o�t" n12'Sp�vice Stump B• � Nca Stum *I P Contractor can o t to u size trees over s ecified size. y � � r '�
p p �'Sprvice S(v�p�o� �aOI f P � I not field ron'�ed I P P P, ^
' i 1� 7. Recommend planting trees outside of wetland delineation to � � '
- - - .� � Fw+rd//)• � ;� ; ,4'E/m��r p�, �� I �' � higher elevations near removed tree location, ,Higher t� 87� �!, 8.4,� ��.
HHJCN/AARK ' 7u 1.1�3 ; `� , y Stump� " E I
1� elevations will insure tree viability from standing in v✓ater, Do I ,,
:1GY' CF IRON s 944.I0.- � ,, S,'89 r.31���� E I� i y l � / �
� � � � not plant within root zone of a removed tree to prevent bacteria �-
,•' ( 1 ;I ;�� � 1� ��� f from decaying wood to effect restoration trees. I �� I
'I, � ' 7 � I 8. Recommend removal of Suckthorn (noxious weed)to allow � �3�� �
;� ;'" / I .< I � I
';%� ; . �";"I V . I I desirable restoration trees to flourish. �' aH� io'
' �� /' �'� ;'� I / 9. During a walk-thru of the site, i observed numerous stumps with ` ����H�
'�, i
/ � � beaver damage,internal dry rot, and elms trees still standing - - - _ _
.;'� _ _ _ __ �'_ T _ _ _ _ _ � _ _ _ ` _ � with signs of Dutch Eim Disease, - -�- - - -�
= - - - - - - r-- - �
i • � '
i ;; ,r ;% � ;,-•' ;� ;' .
� , ; � .
�' ' � T�vL NmC CE�-Sw°Qc Mc¢dow Wildflawer N.bc_ ...3.4%a
Mud lantnin(.tlisma subcordarom)...............:......................_...,...,....,...
Indigo bush(Amorpha fru(1leasa)................�....�............................._..........1.2°/ Sa�;r.ce;cd lk'nuvc Genao d�e�,'(InFlawcr NYlsea For
a•
�3�6�-IS lo'
a1-ISIo' N2M��� Swampmiikwccd(.tccicpiasmcomata)..........................�............,.........,..42ro Mio-N�x�rr�E�+�P"�+�rrr�zr-s�usr D�-ip;_�i�ys,r�vu���vtrc;�ir�$r�o�t�vutne
N��„��r� Now£aglend�r(.isrer nwoe anglrae}.....................�......,.......,.............�0 4/a
e MhCCi•GhZ"t'FG
Flat•topped as1Lc(Rsfer umbellabcr)........................_...,..............._..........,. I1�cvd,NIDC(G2)-hlid-EielgUt,�eric Prair[e Grasam(j l0 5 jeelJ
, W¢tcr hemlocic(Cicula mocu�a�a).�........�.........�...................................�..._13°/a
White preiric clovof(Dolea cmidklum).......:......................�..,,...,.....,.....,,..5.0% . Big blucstcm(�fncbopogan gerard�)........................................................,..3.D%
S�fi.Z�tL'�EkG�'(1���'��� Sidc oetc gama(da�rclouacurNpcndufa)..................................................33.0°0
parplo prairie clovcr(Daleapvrp�c�eurn)....................................................5.8°/a � � � Sluo ma Bauteloua acil�r
5.3°/a G , 6�ra ( Sr )............................._..................................10.0"/0
• �IXC�� �4�� S Pra�ricbrome(Llronruskalmir)....................................................................4.0%
M7VZ M�((p2)-plfid-Heig6t Xeric W[",c:fSawcre S�awy tick trcfoi!(Desmodiuna cenadense)..................................,,...._.....
Frngrent giant hyssop(AgasmchrJoeniculeunn).........................................2.0% Rnteicsnalca mastec(Eringiwn yrxcijo(ta)......................................,...........0.2% C�nad¢wild c E!mus r�adensis
... . � ................1.0°1= 7o�Erye woed(Eupotorrum maculahnn)..............................,..............._.....5.3% �7' � Y )................,.....,..,..............................7.0%
Pta�neOnion(it!l/unrsloflalumJ................................................. l:,itt;cblucstem Schisac inrrsco anirm
.....5.0% C f7'n� P )...............................................39.0%
Lcadplunt(Rmorpha cmieacens)..........................................._......;........ Bonesee(Eupatoriurn perfoltahim).......................,...................,............_...2.9%. Lndiun Scr hastrtmt nvtau
SuggcatcdNativeGrnse&Wildllawer gu .............6.0% ��PIhGE�'��Nf��-��C� &�� 3 )...................-.......,...........;...........�,........3.0%.
[u.�rEty.milkwc.d(ifsclepias tuberoso)...................................... Sneeaw�ed(Xefrhtum auhunnde)..........:.........�..,............,.................,.,..,53% , P:aicie drop:ccd(Sporobolus he(erolep�i).......,............... . 1.0%
2111:n For Wnler Logged Havy Soll Slta Srnooth bluc nstc(.Sstcr!acvis).................... . 2.0% Maximillim sunflowa(Helianrhi:s moximilJiani)........,.........................,...1.3% ......................�.
.....................................�...,_ Sa�gested rstrlacre..�..-•-•-•---.._.._....__..........�....__..._...71bs.PLS
Azure aslu(dstcr eofrr.tcmgrens'u)...........................................................:2.0% FeJse sunflower(Xelio�sfs hel(vnlhoidca)........,...,......,................,.....�.......2.9% ed rs¢ , (cet._..._.._..___.,_.._..__..._._..__..
MIYL hrLtiC(G�•Sedge Mendow Grw Mfi(�ro 6 f=eQ ° Crteat St.7obtt's woR(Hype � py �•g% Suggrs9 dI�140 aquarc __3 ox,pl,$
Hi6luastem.(Andro o n er�d Partridgepca(Cnssiajaricul6(oJ................................................................2.D/ rrcum ramcdatvm)........................................1.8%
BP 80 8 �...........................................................2.5/ Sciffticksoed(Careo sls alrr�a . . 2.0% Blue flag iri9 Uru vvaicolor)....,................... ...............,,...........;.,........,. e
Americaneiou P P )........._.................:...................�.......... ' 3.5/e
Sh Bca95(Bechnmvila ryr,'gahne).....................................25.D% •Palc purgle wno(lowci(Edn'nacea pollida)................_..........................S.0% Tall blazing siar(Liatrirpyrnostachya)...................,......,............_,,...,.......
Canuda bfuojoint(CalamagrosNs ecnadcnsis)...........................................10.5% ��y gentin�(GrnrimiaJlavrdaJ....................................... ..........,1.0% Gtzat blue]obclia(Lobefia siphJlicica).............................,....._................O.SYo ,,,, - ,�
...........
Fringed sedge(Cartz crmato).............................:.....................................�1.0% . )......................_...... o :i���j'��`.� '�' �e� s F�r�
...,5.0°/ �
' .............. o ,. C�.. l. ���a'�.�t�;::.��s�.
Poccu ine scd e Can.r �encina �....................... .3.5% Coeanon oa-cye(Heliopru helim�rho;des . , Moakry flowa(Mrmulus ringens)...................................._..........,............0.1°/
P 8 � � � ...........�..................... �uodhcadcdbushclovcr(Lcspedezacoptrara)...................._..................3.0/ Wildbergnmoot(Morr�dafutvlaso).,:................................................_...0.8/0 - BUidniCalPlame � SiZ
Lance-fruisedovalsedge(C�ascopmla)............:.......... • ....:..............1.0/ • ..................6.0/ y ) �Quanity� Code f Ccm�ron t�ame
...... ............................
Fex ced e • , Rough blezmg stac(G'atrrs aspera).............. Marsh betDo (Pedic¢Iaru conodensis.......................,..............................0.2°o I 3„e
g (Carecwlpino,deaJ...................................................................2.0% .1.C/o • , 0.2°/ --
......................................... . ---
v , o Do3ed bloaag stnc(Liatru�nmctera).............. . Prsu:e cinquefoil(Potennlla�g.rfa).....,................,.......................,.......... j, j NFibl ;N�aple,Nonha+coo Fzd Acer ruorum Northwoo
uguunwild rye(Etymus vlrgin�cur)...:.....................................................15.0/ Wpo lupine(Lvpirqo pere�mis)..................... .,�.�...... • .4.0% Mountain mint(P}rnanlhemum virginianum)..................,,.....,..........,.......03/o ��_ �Acer sacch-�um 3 B
................. ............... • 72°/a I �, `, SUt.A tvlaple,S'�9a� I 3 2
RaClcsnakcgcus(GlyeerlaconadenrtrJ.............................. ................4.0% Wildbe amot Monarda utulosa ...:.... . 2.0% YeUoweoneElowec(Ran'bidapinnara).............................,...,.....................
....,. rg � f ).................................._. .............
Ginntmannagress;Glyceriogrcnd'u).................. .... .d.5% Sho nste�oo(Pcnstemon endi4orus ....,........... •.......3.0,� Blacs-cycdsusan(Rudoec,6'ahmo)........................_...................,.............5,5% � P.EM 'Ma le,�-'� 4cei.rlreemanr J>Jersred
........... ...................... Sr � ) .........,............ I . , Q Wn,n 81aze �• I
Corttmortrush(Juncuse,��.cus)................................................... .1.0% ��� ......12A% J a
............. Nhiro pra:ne clova(Perelor�enrJm cand,'dvm)..,.,................_......,...,. Green-hwded cone(lower(Rudbecko/acrniaaun)...................,...._...........0.8Yo RC? Birch.Rrver Clump �a' gr
Swltch gr�sa(Panicum virgaMr,)...............................................................5.0%a puiple or.�itio clovcr(Pelalos2mum p�rrpwevm;................................,......11.0% Giant Goldcatod(Solidogo g�8anfeo),.......................,......,.........................0.5�°�� �---L-- Fraxinus penns��lvanrca'Summil' II � c
SUA ASh,Sumnd
Green bulivsh.(Scir�cc anavirens)................. .................,......2.0% Yellow concfle�ver Ranbido rnnara .................�...........3.0% Riddc;l'S Goldtn[Od(So((dagv ride!!iQ..........:.,.......,.......,.....�................. _Oue�cus bi:olor -
.................... -
Woolgrnsa(Scirpscrcyperinut � p )............. ...�.. � g ...,............................... . 3.6�/ 5`NO O�x,SarempNJh�le
)......................................................:............3.5% Hleck-cvcd Susan(Rudbeck�'a hlrla)................................,..,...................... Stiff Gofdcnrod Solyda o ng )........,....... .........................,....... i EN� - -,__ :
R;vcr bulrvsh(ScLptcrf/WiatlG's)..:............... ,.....,..2.0% � r 2.0% ( ' �oryc P ) ... 1 -- I`Spruce,Bizc'i Hd's Prcea�louca d�r�a�a �IG
.........
.................................... Stiggoldcnrod(So.�dago rrgrda)..:................. Tall mcsdow rue Tha(icm+�m dc � um.............. > > _ ---- --
� olaentod Solida o s eciosa................................................ - i
10.
........ , � ._ en�afa .
GrcatbuUvsh(Seirpus volidus...................................................................2.0°h Shovry g ' C S P ) . .....................2.0% Blue vcrvnin(Vnbeno hartota).............;...............................,................ . 1 a60 � Pr,.Pa gla�ca d
.............. , OViS ISprucP,hlack H�Cs _- I ---'--�------�--I ,�,�
lndien grass(Sorphcrfn�m nurm�s)..................... ...2.5% ................2.0°/ ?;onwctd(✓crnonta J�scicvlata �' B �----.._------ -- - --'-- ------.---- --
..................................... Pr^_r;e spidcnvo�f7}�esunna brocteom).......,..............,........ )...........................................,...................�. 'Pir.ea;lauca densar�
Giantbur-rtcd(Sp2^g�:l�vn ewycmPvm).................................... 3 I BHS iSpruce,61ack H:ils _ --------'- �:2 C�
. . ..............S.C°/ .................. . 5.0',� ,.�._.,
. . 1.3%
P n � Hoery vccve�^.(Yer6enastrida)........................................ ... Cufvera root(Veronic:strum vir�ricum)..................................,......,......... wood,Red T�.v�oc,zd i���;��s s�ncea'6aileyi' -}--.-
r ¢io cotd�aass(Sparfmapechna(a)....................:...�.,,....,.........,,...,......,10.0% , c i,.. . 1.0% ........,..........,..........1.9'/a 47�R'fC �DoS --- _ _ - -
I-ieart-Ica, oldcn a_car,^crs Zcla rera' . ................ Gold:n Alezandecs(Zcia aureo)........,......................... h5 'S ow7e�ry Wtil� ymerer a�es a ous
,. ( aP )...................... . �� i �,� � e
..... �
--�Gumu
�---
3 .4 Ihs.bulk � � ��'
�r., u r,� IVi m!nlcb,;rn'Hahs'
SuggeatedreWncre._....._.._._.�._...�..�......_._.�.....__.....__...67be.PLS „_. _....__...---•--• „ �n�� n�,.,��.,� . - ....�
- - .. Su2eafed rafdacrr__..._........_.....__. ._..-_..._ � n2 C
- - ' - ' ---':i6s,bu!k � ._ i .
AMERICANA
COMMUNITY BANK MemberFDIC
E-Mail Address:A1service@americanafinancial.com
300 Main Street West 1'I S First Street Northeast 600 Market Street,Suite�00 9495 Biack Oaks Lane 3330 CountY Road'10'I
PO Box 559 PO Box 2'18 Chanhassen,MN 553�7-0790 Maple Grove,MN 553'I'I Minnetonka,MN 5539�
Sleepy Eye,MN 56085-0559 Medford,MN 55049-02'18 952-937-9596 763-494-5600 952-745-9440
507-794-355'I 507-451-2122
January 21, ?009
Z�l � � G��� ��- �
City of Oroilo
Attn: Roil 01son.Finance Dir•ector
2750 Kelley Park���ay
P.O. Bo� 66
� Crystal Bay, MI�� 5���3
Mr. Olson:
Americana Cominunity Bank is sending you this written notice to request cancellation of
Irrevocable Letter of Credit No. 123 for the account of��oo e ICF Homes, Inc, and in
your favor, effective immediatel��. It is ii1��understanding that u�on receiving this
cancellation notice. you will retui7i the original In-evocable Letter of Credit to Ainericai7a
Community Banl: at the address listed below.
Please coiltact i1�e at your earliest convenience if you have any questions or concerns.
Thank you,
,�
� � _...-
'�t - ��' _ :,,,
Ashley Pederson �
Arnerica�za Coninalniih/Bnnl<
3330 Coutit�Road 101 ������
Mi�Tncto�ikn,MN 55391 ��� �
Plcorie: (952)745-9440 ��'����,
Fa:�: (952)745-0337 �.'/j�,
ctshleu��Gr��ncricminfr�rza�icirtt.co��z ���/�O�
_ , p
����
�."l,. �� j .,`;
� � � � �
�..j ' � -•,,,�� �.
�'� /��'� i
��