Letter of Credit Reduction - 1.12.24
January 12, 2024
Mark Story
Origin Bank
9805 Katy Freeway
Suite 200
Houston, TX 77024
Re: Letter of Credit Reduction – Christian Brothers Automotive
Letter of Credit Number 1203 in the amount of $418,172.97
Planning Case 2020-21
Dear Sir:
Please accept this letter as authorization to reduce Letter of Credit Number 1203 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 you have any questions or concerns, please contact me by email at
emaass@chanhassenmn.gov or by phone at 952-227-1139.
Sincerely,
Eric Maass AICP, EDFP
Planning Director