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Meridian <br />Land <br />April 11, 2016 <br />Mr. Steve Duff <br />Senior Engineering Technician <br />City of Hugo <br />14669 Fitzgerald Avenue, N. <br />Hugo, MN 55038 <br />Re: Fox Meadows —1n Addition <br />Letter of Credit Reduction <br />Dear Steve: <br />Please reduce the letter of credit amount necessary for Fox Meadows— in Addition to $147,900. <br />consideration in this matter. <br />stick Murray <br />Senior Vice President <br />Rli <br />vises,. arnca 3811 Westerns Pkwy., Suite G, Henrico, VA 23233 - 804-261-6868 <br />mmorso...nnu 3600 American Blvd. W., Suite 750, Minneapolis, MN 55431 • 952-898-1110 <br />meridian landcompany.com <br />Meridian Land Company Is a subsidiary of United Properties <br />6.3 <br />