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MEMO TO: Clerk -Administrator and City Council <br />FROM: Director of Public Works/Community De <br />velopme� <br />DATE: March 21, 1985 <br />SUBJECT: DEVELOPMENT TRUST COMPANY OLETTER TO OF CREDIT NO. 94DELITY BANK D <br />DATED 4/28/76 <br />Attached please find a letter dated March 181 1985 from Fidelity <br />Bank and Trust Company. The City's Public Works Foreman/Building <br />Inspector has indicated to me that the Brentwood Development <br />Company which developed White Oak Estates has completed all of the <br />obligations under Development Agreement No. 76-2 and the Letter of <br />Credit could be returned. <br />SWT/bc <br />