Letter of Credit released Christian Bros AutomotiveCITY OI CIIANHASSI I'I
A Community for Life
November 14,2024
Origin Bank
Ms, Alice Miller
2501 Research Forest Drive
Suite A
The Woodlands, TX 773 8 I
Re: Release of Letter of Credit No. 1203
Planning Case No. 2020-21
Dear Ms. Miller,
The City of Chanhassen has a letter ol credit (.,1o. 1203) for planning case number 2020-21
Christian Brothers Automotive in the amount of $12,500.00 for the account oICBH Properties
Chanhassen, LLC.
We are releasing this letter ofcredit as the site conditions stand today. Kraus Anderson and
Christian Brothers Automotive Corporation have recognized that the letter ofcredit is being
released with the conditions listed below:
The replaced honeylocust, Sienna Glenn maple, and two oak trees will be reinspected in
the summer of 2025.
Ifupon inspection in the Summer 2025 the replaced trees are found to be in poor
condition by city staff, the trees would be replaced by the property owner.
Thank you,
Sincerely,l.
i^/w"idman
Sr. Administrative Support Specialist
Enclosure: Letter of Credit 1 203
amie Marsh
Environmental Resource Specialist
pH 952.227.1100. www.chanhassenmn.gov. FX 952.227.1110
77OO I.4ARKET BOULEVARD .PO BOX I47. CHANHASSEN .MINNESOTA. 55317
IRR.EVOCABLE LETTER OF CREDIT
No. I 203
Date: 3-27 -2024
TO City of Chanliassen
7700 Market Boulevard, Box 147
Chanhassen, Minnesota 553 l7
Dear Sir or Madam
We hereby issue, for the account of CBH PROPERTIES CHANHASSEN. LLC. and in
your favor, our lrrevocable Letter of Credit in the aggregate amount of$12,500.00, available to you by your
draft drawn on sight on the undersigned bank.
The draft must:
a) Bear the clause, "Drawn under Letter of Credit No. 1203, dated March 27,20?4, of_Q!St4
Bank";
b) Be signed by the Mayor or City Manager of the City of Chanhassen
c) Be presented for payment at 2501 Research Forest Drive Suite A The ood lan d 77 1RtsTe
on or before 4:00 p.m. on March 27,2025
This Letter of Credit shall automatically renew for successive one-year terms unless, at least forty-
five (45) days prior to the next annual renewal date (which shall be March 27 of each year), the Bank
delivers written notice to the Chanhassen City Manager that it intends to modifo the terms of, or cancel, this
Letter of Credit. Written notice is effective if sent by certified mail, postage prepaid, and deposited in the
U.S. Mail, at least forty-five (45) days prior to the next annual renewal date addressed as follows:
Chanhassen City Manager, Chanhassen City Hall, 7700 Market Boulevard, P.O, Box 147, Chanhassen, MN
55317, and is actually received by the City Manager at least thirty (30) days prior to the renewal date.
This Letter of Credit sets forth in full our understanding which shall not in any way be modified,
amended, amplified, or limited by reference to any document, instrument, or agreement, whether or not
referred to herein,
This Letter of Credit is not assignable. This is not a Notation Letter of Credit. More than one draw
may be made under this Lefter of Credit.
This Letter of Credit shall be governed by the most recent revision of the Uniform Customs and
Practice for Documentary Credits, Intemational Chamber of Cornmerce Publication No. 600.
We hereby agree tha
honored upon presentation.
this Letter of Credit shall be dulv
BY
Joe C onal E.
t a drafl drasrr under and in conr
BY:
Preston Moore, Chief Credit and B ng Officer
From:Weidman, Amy
To:jeff.oman@krausanderson.com
Cc:paula.tolliver@cbac.com; Marsh, Jamie
Subject:Letter of Credit, Landscaping
Date:Thursday, November 14, 2024 3:57:00 PM
Attachments:image001.png
image002.png
image003.png
image004.png
Good afternoon,
I know you have been working Jamie on the landscaping at the Christian Brothers Automotive
location in Chanhassen, MN. Today, we mailed the release of the letter of credit for the
Christian Brothers Automotive site in Chanhassen to Origin Bank.
While the letter of credit is released, we still have these two conditions for the site:
The replaced honeylocust, Sienna Glenn maple, and two oak trees will be reinspected in
the summer of 2025.
If upon inspection in the Summer 2025 the replaced trees are found to be in poor
condition by city staff, the trees would be replaced by the property owner.
If you prefer to receive a hard copy of this information, please let me know where you’d like it
mailed.
Thank you,
Amy Weidman
Sr Admin Support Specialist
CITY OF CHANHASSEN
PH. 952.227.1106
FX. 952.227.1110
www.chanhassenmn.gov
1
Weidman, Amy
Subject:Christian Bros. Automotive
Start Date:Monday, December 20, 2021
Due Date:Tuesday, March 4, 2025
Status:In Progress
Percent Complete:0%
Total Work:0 hours
Actual Work:0 hours
Owner:Weidman, Amy
Requested By:Potter, Jenny
------------
LC #1203 expires 12/20/22
Christian Bros. Automotive
Planning Case No. 2020-21
$418,172.97
**reduced to $12,500.00 as of 03-27-24
Origin Bank
9805 Katy Freeway, Ste. 200
Houston, TX 77024
Owner: Sharmeen Al-Jaff
*This LOC shall automatically renew for successive 1-year terms unless the bank notifies the
City at least 45 days prior to any expiration date that this LOC will not be renewed.
12/23/22 – Sharmeen, status? JP
12/30/22 – Per Jill - The landscape portion of the LC should not be reduced at this point. Some of the landscaping is
installed, but the site is incomplete (i.e. dirt piles).
7/17/23 – Bob Status?
7/26/23 – Per Bob - Manuel is working to finalize this.
1/12/24 – Per Eric Maass – reduce the LOC to $12,500. Letter sent to Mark Story Origin Bank
05/01/24- Eric, status? – AW
2
06/10/24: Christian Bros reached out asking for original letter back, we hacen’t received the reduced
letter of credit back yet so we still have the original, higher amount. Once we receive the updated LOC
we can send back the original to Alice Miller / Executive Lending Assistant ORIGIN BANK
2501 Research Forest Drive, Suite A, The Woodlands, Texas 77381 Phone 713-463-0331
06/28/24: Received a reduced letter of credit for $12,500.00, will mail previous LOC back to bank per their
request .
Potter, Jenny
Subject:
Start Date:
Due Date:
Status:
Percent Complete:
Total work:
Actual Work:
Christian Bros. Automotive
Monday, December 20, 2021
Monday, April 8, 2024
ln Progress
0o/o
0 hours
0 hours
Owner:
Requested By:
Potter,.,enny
Steckling, Jean
LC #1203 expires 12120/22
Ch ristian Bros. Automotive
Planning Case No. 2O2O-21
5418,772.97
Owner: Sharmeen Al-Jaff
*This Loc shall automatically renew for successive l.-year terms unless the bank notifies the
city at least 45 days prior to any expiration date that this Loc will not be renewed.
12123122- Sharmeen, status? JP
1l2l3)l22- per J ill - The landscape portion of the LC should not be reduced at this point. some ofthe landscaping is
installed, but the site is incomplete (i.e. dirt piles)'
7 h7123 - Bob Status?
7 /26123 - Per Bob - Manuel is working to finalize this'
L/L2|24-PerEricMaass-reducetheLoCtosl2,5oo.LettersenttoMarkStoryoriginBank
1
Origin Bank
9805 Katy FreewaY, Ste. 200
Houston, TX77024
CITY OT CIIAI\IIIASIXI'I
Chanhassen is a C0mnrunlty for Lile-provid ng for Today and planning f0r Tom0rrow
lanuary 12, 2024
Mark Story
Origin Bank
9805 Katy Freervay
Suite 200
Houston. TX 77024
Re:Letter of Credit Reduction - Christian Brothers Automotive
Letter of Credit Number 1203 in the amount of 9418,172.57
Planning Case 2020-21
Dear Sir:
Please accept this letter as authorization to reduce Letter of Credit Number I 203 by $405.672.97
to leave a remaining balance of$12,500. Please send a written acknowledgment of this reduction
at your earliest convenience.
If 1,ou have any questions or concerns, please contact me by email at
enraasstr)chanhasscnn l.rtov or by phone at 952-227-1139.
S incerelv.
€,..-lvl,-'*
Eric Maass AICP. EDFP
Planning Director
pH 952.227.1100. www.chanhassenmn.gov . FX 952.227.1110
//00 tlAltKU tsouLtvAriD.pc Box tl/. CHANHASSE\. t4lNNts0tA.55Jli
Alice Miller
From:
Sent:
To:
Cc:
Subject:
Alice Miller
Thursday, June 27, ?024 1.06 PM
'Cynthia Murphy'
Kaylan Bergeron
RE: CBH Properties Chanhassen LLC LOC 1203
Perfect. !
I am sending it to his attention at the City of Chanhassen 7700 Market Boulevard, Chanhassen, MN 5531 (FedEx tracking
#777L 0267 55641
Please let him know that it is scheduled to arrive tomorrow morning by 10:30 our time.
And if you could please remind him to send the original back to my attention at the address below.
Much appreciated.
Alice Miller / Executive Lending Assistdnt
UonrcrN anNr
2501. Resedrch Forest Drive, Suite A, The Woodlonds, Texos 77387
Phone 713-463-0i31
omiller@orioin,bank
h tt p : / /w ww. o tio i n. ba n k
From: Cynthia Murphy <cynth ia.m urphy@cbac.com>
Sent: Thursday, June 27,2024 1:OIPM
To: Alice Miller <a miller@origin. bank>
Cc: Kaylan Bergeron <Kaylan. Bergeron @cbac.com>
Subject: RE: CBH Properties Chanhassen LLC LOC 1203
THIS EMAIL lS FROM AN EXTERNAL SENDERI Use caution with links and attachments.
HiAlice,
According to the attached correspondence, it looks tike Eric is the correct person.
tl .
1
Aiice Miller
From:
Sent:
To:
Subj ect:
Follow Up Flag:
Flag Status:
Maass, Eric <emaass@chanhassenmn.gov>
Monday, June 10,2024 8:5'l AM
Cynthia Murphy
Re: IExtl Letter of Credit Number 1203
Follow up
Fla g ged
We never received the LOC for the reduced amount. Once we receive the reduced LOC letter we'll send back the
original.
Tha nk you,
E ric
Get Outlook for ios
From: Cynthia Murphy <cynthia.murphy@cbac.com>
Sent: Wednesday, June 5, 2024 12:09:54 PM
To: Maass, Eric <emaass@chanhassenm n.gov>
Subject: RE: Letter of Credit Number 1203
Good Morning Eric,
Just tried to give you a catl and thought it best to fottow-up with an emait.
Did you send the originat letter of cred it (LOC#1203) in the amount ot $418,172.97 back to the Bank? The Bank
has not received the originat tetter of credit. Do you need anything else to move this forward?
Ptease give me a cat[ to discuss further.
Thanks so much,
Cynthia Murphy I Project Manager of Land Acquisitions and Permitting
Christian Brothers Automotive Corporation
17725 Kaly Freeway I Suite 200 | Houston, TX 77094
T: (281) 675-6178 C: (832) 523-1091 F: (281\ 675-6178
E: cvnthia. murohv@cbac.com W CBAC.com
r.!o
Christian Brothers Automotive
Fixing ca rs, driving joy
tt I lrr (,Lrstorncr'
Sat irlactione@9
EEt H
Ihe information in this message is confidential to both sender and recipient. The information may also be legally privileged. lt i5 intend€d
only for the individual or entity named above.
tf you are nor the intended recipient, you are hereby notified that any use, review, dissemination, distribution or copying of this message,
or any attachments to the message, is strictly prohlbited.
1
HiCynthia,
CITY OT CIIAI'IIIASSXI'I
Chanhassen is a Community for Life - Providing for Today and Planning for Tomorrow
January 12,2024
Mark Story
Origin Bank
9805 Katy Freeway
Suite 200
Houston, T){77024
Re:Letter of Credit Reduction - Christian Brothers Automotive
Letter of Credit Number 1203 in the amount of $41 8,172.97
Planning Case2020'21
Dear Sir:
please accept this letter as authorization to reduce Letter of Credit Number 1203 by 5405,672.97
to leave a remaining balance of $12,500. Please send a written acknowledgment of this reduction
at your earliest convenience.
If you have any questions or concerns, please contact me by email at
emaass@chanhassenmn. gov or by phon e at 9 52-227'1139'
Sincerelv.
Er{4*
Eric Maass AICP, EDFP
Planning Director
9H glz.2n.l I OO' wurr.cha n hassen mn.gov' FX 952.227' I I I 0
777OO MARKEI BOULEVARD .PO BOX I47 .CHANHASSEN'MINNESOTA'553I
Steckling, Jean
Subject:
Start Date:
Due Date:
Status:
Percent Complete:
Total work:
Actual work:
Christian Bros. Automotive
Monday, December 70, 2021
Tuesday, Decembet 20, 2022
ln Progress
OVo
0 hours
0 hours
Owner:Steckling, Jean
LC #1203 expires t2/20/22
Christian Bros. Automotive
Planning Case No. 2020-27
5418,172.97
Origin Bank
9805 Katy Freeway, Ste. 200
Houston, fX77024
Owner: Sharmeen Al-Jaff
*This LOC shall automatically renew for successive 1-year terms unless the bank notifies the
city at least 45 days prior to any expiration date that this Loc will not be renewed.
1
X Origin Bank
IRR.EVOCABLE LBTTER OF CREDIT
No. 1203
Date:12-20-2021
TO:City of Chanhassen
7700 Market Boulevard, Box 147
Chanhassen, Minnesota 553 17
Dear Sir or Madam:
We hereby issue, for the account of CBH PROPERTIES CHANFIASSEN. LLC. and in
your favor, our Irrevocable Letter of Credit in the aggregate amount of $418,172.97, available to you by
your draft drawn on sight on the undersigned bank.
The draft must
a) Bear the clause, "Drawn under Letter of Credit No. 1203, dated December 20, 2021, olQ{gi4
Bank";
b) Be signed by the Mayor or City Manager of the City of Chanhassen
c) Be presented for payment at 9805 Kat-v Freeway Suite 200. Houston. Texas 77024 : on or before
4:00 p.m. on December20,2022.
This Letter of Credit shall automatically renew for successive one-year terms unless, at least forty-
five (45) days prior to the next annual renewal date (which shall be December 20 of each year), the Bank
delivers written notice to the Chanhassen City Manager that it intends to modifu the terms of, or cancel, this
Letter of Credit. Written notice is effective if sent by certified mail, postage prepaid, and deposited in the
U.S. Mail, at least forty-five (45) days prior to the next annual renewal date addressed as follows:
Chanhassen City Manager, Chanhassen City Hall,7700 Market Boulevard, P.O. Box 147, Chanhassen, MN
55317, and is actually received by the City Manager at least thirty (30) days prior to the renewal date.
This Letter of Credit sets forth in full our understanding which shall not in any way be modified,
amended, amplified, or limited by reference to any document, instrument, or agreement, whether or not
referred to herein.
This Letter of Credit is not assignable. This is not a Notation Letter of Credit. More than one draw
may be made under this Letter of Credit.
This Letter of Credit shall be governed by the most recent revision of the Uniform Customs and
Practice for Documentary Credits, International Chamber of Commerce Publication No. 600.
We hereby agree that
honored upon presentation.
a draft drarvn under and in compliance this Letter of Credit shall be duly
Mark E Story
Its
RegionalE.V.P
9805 Katy Freeway, Suite 200 I Houston, fX77O24 I Office: 713.463.0300 I Fax: 713.463.0319
BY
Christian Brothers Automotive named #2 on Forbes'America's Best Franchises list!
CONFIDENTIALITY NOTICE: THIS MESSAGE, AND ANY DOCUMENTS ATTACHED HERETO, IS INTENDED SOLELY
FOR THE RECIPIENT OR RECIPIENTS NAMED ABOVE. THE DOCUMENTS AND THE INFORMATION CONTAINED IN
AND TRANSMITTED WITH THIS E-MAIL COMMUNICATION ARE CONFIDENTIAL, AND MAY CONTAIN
TNFORMATTON SUBJECT TO THE ATTORNEY-CLTENT AND/OR ATTORNEY WORK PRODUCT PRTVTLEGE. THE
TRANSMISSION, ACCIDENTAL OR OTHERWISE, OF THESE DOCUMENTS AND INFORMATION TO A PERSON OR
ENTITY OTHER THAN THOSE DESIGNATED ABOVE IS TOTALLY INADVERTENT, AND IF YOU ARE NOT THE
RECIPIENT OR RECIPIENTS SHOWN ABOVE, YOU SHOULD DELETE THIS DOCUMENT AND INFORMATION
IMMEDIATELY. IT IS NOT THE INTENT OF THE SENDER TO WAIVE ANY APPLICABLE PRIVILEGE WITH THE
INADVERTENT OR INCORRECT TRANSMISSION OF THESE DOCUMENTS AND INFORMATION.
From: Jacqui Geiger <iacqui.geiger@cbac.com>
Sent: Monday, December 20,2021' 3:18 PM
To: Alice Miller <amiller@oriein.bank>; Mark E. Story <mstorv@origin.bank>
Cc: John Foster <iohn.foster@cbac.com>; Dana Mason <Dana.Mason@cbac.com>
Subject: Re: Origin Bank I CBH Properties Chanhassen, LLC - Letter of Credit Documents
Mark, Alice,
please let me know as soon as you have an update on the Letter of Credit. Once it has been issued,
we will need the letter sent to tne City Planner, Sharmeen Al-Jaff at the following address.
77 00 lvlarket Boulevard
P.O. Box 147
Chanhassen, MN 553'17
Attn: Sharmeen Al-Jaff
Senior Planner
9
Ph: 952-227-1134
RIL EY
P U RGATO RY
BLUFF CREEK
WATERSHED DISTRICT
BMP Closeout Report
This project was permitted by RPBCWD requiring stormwater treatment and volume reduction BMPs. These must be installed and
maintained correctly to prevent adverse impacts to adjacent stormwater facilities and water resources.
Permit:2020-060 Christian Brothers Automotive - Chanhassen, MN
Location:8941 Crossroads Blvd
Inspection Date:09/06 12023
Inspection Time:1:48 PM
Chrystal Seelhammer
Jones
chrystal. seelhammer@krausanderson.
christian.-horn.com
Type of BMP(s) on
site:
Stormwater fi ltration basin, underground stormwater detention system
items found to be must be corrected can be closed.
Maintenance Agreement recorded?Yes
As-built plans received and approved?Yes
Six (6") topsoil placed?
Comment:
Yes
Decompacted to 1400 kpascil200 psi or less?
Comment:
Y
Buffer signs installed?
Comment:
N/A
Native vegetation in buffer?
Comment:
N/A
Vegetation established, and without noxious weeds?
Comment: Area to south between parking lot/building
scattered grass/weeds with compacted soil.
No
and drive is mix of bare soil and
Site free of erosion problems?
Comment:
Yes
BMP(s) receiving stormwater?
Comment:
Yes
BMP(s) and pretreatment free of sediment, trash, and
debris?
Comment:
Yes
BMP(s) completely drained within 48 hrs of rainfall?
Comment:
Yes
Inlets, outlets, and emergency overflows functional?
Comment:
Yes
Temporary erosion prevention and sediment control
BMPs removed?
Comment:
Yes
Other Comments:
Please contact Riley Purgatory Bluff Creek Watershed District at952-607-6512 with any questions. Thanks!
*JiIL
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