Laserfiche WebLink
F <br /> (7 ~'4`'s <br /> <br /> w ~ s~~rTr-~x~~ r~11R~~cwrsrr, l~Tc. <br /> ~ <br /> h 9~0 SUI.i']'1-] 13RUr1D\V'~11', AC'it1"/. .1!':1, ~',1\'~;liSQ'1'A, :i7~9') <br /> s ~ (952) 4?6-0006 P,~1X (95?) 176-0104 <br /> FRS 1 p~A <br /> rJ~ay 21, zoto <br /> Lee Ei(ering <br /> City of Little Canada <br /> c/o Elfering and Associates <br /> 10062 Flanders Court NE. <br /> Blaine, PJ h' 65449 <br /> Subject: Leiter of Credit Reduction for Ger'vais Woods • Little Canada, MN <br /> Dear Lee, <br /> The developc-r is requesting a letter of credit reduction (ill) for work completed on the above rr~entioned <br /> project Below is a summary of the contract amounts, percentage complete, and the revised loc amount, <br /> based on fhe site grading and utility vaork completed through today - <br /> Contract Prire f 25 % `.6 Cornnlete fieduced LOC Amoun, <br /> = Site Grading - 5165,039.00 5206,296.75 35% S 134,094.00 <br /> = Sznitzry Sewer - S 60A05.32 $ 75,506.65 92 % 5' tU,877.00 (25% min) <br /> VJatennzin - S 70,OE30J4 5 57,600.ti3 9D % 5 21,900.00 (25% min) <br /> = Stonn Sewer - S 55,284.&7 5 69,10609 91 % 5 17,27e.00 (25 % min) <br /> = Street Construction-5176,094.20 5220,117.75 0% 5270,t1II.00 <br /> = Summzry - $ 526,903.53 S 653,629.42 S 412,265.00 <br /> If you have any questions, comments, or concerns please call me at 952-476-6000. <br /> Sincerely, <br /> SATHRGB[RGQUIST, INC. <br /> - ~ ~ <br /> Robert S. k4olstad, P.E. V I LrS <br /> CC: Joel Hanson, City of Little Canada C~~ ~4'` <br /> Nathan f=air, Landmark Development, LLC ~ 't= <br /> File: 49368-005 S~~j'm\`k' <br /> <br />