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D.Lc`5 <br />EXCELSIOR <br />O 2he.Bxeelsior Group <br />June 23, 2016 <br />Steve Duff <br />City of Hugo <br />14669 Fitzgerald Avenue N <br />Hugo, MN 55038 <br />Re: Prairie Village and Waters Edge — Letter of Credit No. 10216 and No. 11829 <br />Dear Mr. Duff, <br />OP3 Prairie Village, LLC hereby requests a reduction in Letter of Credit No. 10216 and No. 11829 <br />currently in the amounts of $187,625 and $210,899.61, respectively. The item left to complete is <br />final lift of asphalt. <br />If you have any questions related to this application, please do not hesitate to contact me at <br />952.525.3223 or deb.rid�rewayooExcelsiorLLC.com. Thank you. <br />Sincerely, <br />Deb R9dg Sy <br />er <br />Mana <br />Asset g <br />The Excelsior Group, LLC c 1660 Highway 100 South, Suite 400, St. Louis Park, MN 55416 <br />952-525-3200 .- ExcelsiorLLCcom 4. info@ExcelsiorLLC.com <br />