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LC Release Ltr 1-22-19CITYOT CHAI'IIIASSXI'I Chanhasen is a Community for Life - Providing forToday and Planning forTomorow January 22,2019 Associated Bank N.A. Trade Services / MS7059 2870 Holmgren Way Green Bay, WI 54304 RE: Cancellation of Letter of Credit #DCl12677U524515 Dear Sir or Madam: This letter shall serve as a request to cancel Letter of Credit #DC I 12677U52451 5 which was originally issued on December 15, 2015 in the amount of Sixty Five Thousand Dollars ($65,000), in connection with loan 88053690002 for your borrower SCP PE Chan, LLC. The reason for this cancelation request is that SCP PC Chan, LLC has adequately replaced this Letter of Credit with a separate Letter of Credit from another financial institution. We regretfully cannot locate the original copy of Letter of Credit #DC1I2677U524515, but I am hopeful this letter shall serve as an alternate way to cancel the Letter of Credit. If you have any questions, please feel free to contact me at 952.227.1134 or e-mail at sati aff@ci. chanhassen.mn.us. Sincerely, Sharmeen Al-Jaff Senior Planner g:\planVO14 planning cases\2014-35 seven forty-one crossing rezoning & site plan\letter ofcredit.docx PH 952.227 .1100 . WWW. Ci. Cha nhaSSen. mn . US - FX 952.227 .Lllo 77OO MARKET BOULEVARD . PO BOX 147 . CHANHASSEN 'MINNESOTA 55317 foc'rUffi5**'