Letter of Credit SLCSSEA03084 Release Documents 10-05-21 ♦ T Y 0
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CITY OF CIIANITASSEN
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04/ H AS 5 Chanhassen is a Community for Life-Providing for Today and Planning for Tomorrow
October 5, 2021
Gloria Warrick
US Bank National Association
International Department
1420 Fifth Avenue, 9th Floor
Seattle, WA 98101
Re: Letter of Credit No. SLCSSEA03084 (Original Amount: $82,500.00)
T-Mobile Central LLC Site Plan Improvements
Planning Case File No. 2007-04
Dear Ms. Warrick:
Thank you for your time today to discuss the above-referenced outstanding letter of credit. As
discussed, the City has not been able to locate the original letter of credit nor any amendment(s)
so the attached copy has been provided. This letter is no longer needed and can be cancelled.
I understand that it appears this letter of credit has expired from your system and is currently not
active, and that any balance would have automatically been returned to your client's credit line.
If you have any questions, please contact Senior Planning, Sharmeen Al-Jaff, at 952-227-1134.
Sincerely,
CITY OF CHANHASSEN
sar1(Y\.
M. Steckling
Sr. Administrative Support ialist
Encl.
c: Kate Aanenson, Community Development Director
g:\plan\2007 planning cases\07-04 t-mobile\lc release letter-lc slcssea03084.docx
PH 952.227.1100 • www.ci.chanhassen.mn.us • FX 952.227.1110
7700 MARKET BOULEVARD •PO BOX 147 •CHANHASSEN •MINNESOTA 55317
07 - 04
us bank,
Fire Star Smice Guaranteed �
U. S . BANK NATIONAL ASSOCIATION
INTERNATIONAL DEPARTMENT
1420 FIFTH AVENUE, 9TH FLOOR
SEATTLE, WA 98101
PHONE: 206-344-2398
FAX: 206-344-5365
JANUARY 29, 2008
CITY OF CHANHASSEN
7700 MARKET BLVD. , P. O. BOX 147
CHANHASSEN, MN 55317
ATTN: SHARMEEN AL-JAFF
PLEASE FIND ATTACHED OUR ORIGINAL STANDBY LETTER OF CREDIT NUMBER
SLCSSEA03084 IN FAVOR OF YOURSELVES, FOR THE ACCOUNT OF:
T-MOBILE CENTRAL LLC
12920 S . E . 38TH STREET
BELLEVUE, WA 98006
KINDLY ADDRESS ALL CORRESPONDENCE REGARDING THIS LETTER OF CREDIT
TO THE ATTENTION OF OUR LETTER OF CREDIT DEPARTMENT, 1420 5TH
AVENUE, 9TH FLOOR, SEATTLE, WA 98101, MENTIONING OUR REFERENCE
NUMBER AS IT APPEARS ABOVE . TELEPHONE INQUIRIES CAN BE MADE TO
EITHER JANET JOIREMAN AT 206-344-2398 OR GLORIA WARRICK AT
206-344-2328 .
U. S . BANK NATIONAL ASSOCIATION
LeQtLHL/
I RNA ONAL DEPARTMENT
Janet Joireman
Asst. Vice President
CITY OF CHANHASSEN'
RECEIVED
JAN 3 0 2008
CHANHASSEN PLANNING DEPT
us bank,
Five Star Soria Guaranteed
U.S.BANK NATIONAL ASSOCIATION
INTERNATIONAL DEPARTMENT
1420 FIFTH AVENUE,9TH FLOOR
SEATTLE,WA 98101 U.S.A.
PHONE:206-344-2328
FAX:206-344-5365
IRREVOCABLE STANDBY LETTER OF CREDIT
JANUARY 29,2008
BENEFICIARY APPLICANT:
CITY OF CHANHASSEN T-MOBILE CENTRAL LLC
7700 MARKET BLVD.,P.O.BOX 147 12920 SE 38TH ST.,9TH FLOOR
CHANHASSEN,MN 55317 BELLEVUE,WA 98008
ATTN:SHARMEEN AL-JAFF
LETTER OF CREDIT NUMBER: SLCSSEA03084
EXPIRY DATE:DECEMBER 31,2008
AT:OUR COUNTERS PRESENTLY LOCATED AT 1420 FIFTH AVENUE,9TH FLOOR,
INTERNATIONAL DEPARTMENT,SEATTLE,WA 98101 ON OR BEFORE 5:00 P.M.
AMOUNT: $82,500.00
NOT EXCEEDING EIGHTY TWO THOUSAND FIVE HUNDRED AND 00/100 U.S.DOLLARS
WE HEREBY ISSUE THIS IRREVOCABLE STANDBY LETTER OF CREDIT AVAILABLE BY YOUR DRAFT(S)
DRAWN AT SIGHT ON U.S.BANK NATIONAL ASSOCIATION AND ACCOMPANIED BY THE FOLLOWING
DOCUMENTS:
1. A NOTORIZED AFFADAVIT SIGNED BY AN AUTHORIZED REPRESENTATIVE OF THE BENEFICIARY
REPRESENTING THAT T-MOBILE CENTRAL LLC HAS FAILED TO COMPLY WITH THE DEVELOPMENT
PLANS STATED IN THE SITE PLAN PERMIT NO.2007-04 DATED NOVEMBER 26,2007 AS AGREED TO BY THE
BENEFICIARY AND APPLICANT AND REPRESENTING THAT THE EXPENSES ITIMIZED IN THE AFFIDAVIT
WERE INCURRED BY THE BENEFICIARY FOR PAYMENT OF SUCH EXPENSES REQUIRED FOR THE
DEVELOPMENT OF THE PROJECT AND T-MOBILE CENTRAL LLC IS TO REIMBURSE BENEFICIARY
THEREFOR.
2. THIS ORIGINAL LETTER OF CREDIT INCLUDING ANY SUBSEQUENT AMENDMENTS.
3. COPY OF THE BENEFICIARY'S NOTICE TO THE APPLICANT THAT THE DEVELOPMENT OF THE PROJECT
HAS NOT BEEN COMPLETED BY OCTOBER 15,2008 AS REQUIRED BY THE SITE PLAN PERMIT NO.2007-04
DATED NOVEMBER 26,2007 AS AGREED TO BY THE BENEFICIARY AND APPLICANT AND THAT IF THE
DEVELOPMENT OF THE PROJECT IS NOT COMPLETED WITHIN THIRTY(30)DAYS AFTER RECEIPT OF THE
NOTICE THE BENEFICIARY WILL ACT TO CAUSE THE PROJECT TO BE COMPLETED AND TO RECOVER THE
COSTS THEREFOR BY REQUESTING A DRAW(S)UNDER THIS LETTER OF CREDIT.
4. RECEIPT(S)EVIDENCING THE AMOUNT(S)THE BENEFICIARY PAID FOR COMPLETING THE
DEVELOPMENT OF THE PROJECT WHICH AMOUNT(S)SHALL BE THE MAXIMUM DRAW ALLOWABLE
UNDER THIS LETTER OF CREDIT.
PARTIAL DRAWINGS ALLOWED.
ALL WRITTEN N OTIFICATION SHALL BE SENT VIA COURIER.
DRAFTS DRAWN UNDER THIS CREDIT MUST BEAR THE CLAUSE:"DRAWN UNDER U.S.BANK NATIONAL
ASSOCIATION IRREVOCABLE STANDBY LETTER OF CREDIT NO.SLCSSEA03084".
THIS PAGE 1 FORMS AN INTEGRAL PART OF LE f 1 ER OF CREDIT NO.SLCSSEA03084
us bank. ,,,
'kr Five Star Service Guaranteed .)
THIS CREDIT IS SUBJECT TO"THE UNIFORM CUSTOMS AND PRACTICE FOR DOCUMENTARY CREDITS"(2007
REVISION)INTERNATIONAL CHAMBER OF COMMERCE PUBLICATION NO.600".
WE HEREBY ENGAGE WITH YOU THAT DRAFT(S)DRAWN AND/OR DOCUMENTS PRESENTED UNDER AND IN
COMPLIANCE WITH THE TERMS OF THIS IRREVOCABLE STANDBY LETTER OF CREDIT WILL BE DULY
HONORED UPON PRESENTATION TO US
DRAFT(S)AND DOCUMENTS MUST BE PRESENTED TO OUR OFFICE AT U.S.BANK NATIONAL ASSOCIATION,
INTERNATIONAL DEPARTMENT, 1420 5TH AVENUE,9TH FLOOR,SEATTLE,WA 98101,IN PERSON,OR BY
OVERNIGHT COURIER,ON OR BEFORE THE EXPIRATION DATE OF THIS LETTER OF CREDIT.
U.S.BANK NATIONAL ASSOCIATION
INTE NATIONAL BANKING DIVISION
AUTHO ED SIGNATURE
Janet Joireman
Asst. Vice Premid2nt
THIS PAGE 2 FORMS AN INTEGRAL PART OF LETTER OF CREDIT NO.SLCSSEA03084