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HomeMy WebLinkAbout1840 Spear Street - Landscaping - 1/9/2009January 3, 2011 Michelle Holgate South Main Street Development, LLC 70 South Winooski Avenue Burlington, VT 05401 Re: Escrow Release, Citibank LOC #61670563 Dear Ms. Holgate: Please be advised that the City of South Burlington hereby releases you from the obligation of maintaining the above referenced Irrevocable Standby Letter of Credit held by Citibank. Should you have any questions, please feel free to contact me. Sincerely Kilyrr'idnd J. Belair Administrative Officer 575 Dorset Street South Burlington, VT 05403 tel 802.846.4106 fax 802.846.4101 www.sburl.com CrMbank►,N.A. CIATIE : MN. LIC AME>• DUE:W IRREVOCAKE STANDBY LC AMENDMENT(S) TO STANMY LETTER OF CREDIT 6SEFICIJ W. Cry OF Sd.i H 8URLINGTIDN 675 DORSET STREET SOUTH BLFdJ CTON, 4T DW3 U_S.A • - • �- 1.4 Imo! M ITS SER+N CER, C;tt'1WRP NORN A FICA, WIC, 36M CIT1e1` NK CENTER TAMPA. FL 33610 CREDrr NO. 61 70S6 3 APPLICANT: C 011) SCMUER W 1 OV F_.ST 70 S+ UTH WYI1i0O$Kl AVENUE SURLINGTON VT 06401 IJ.S-k GEAR SI R{3j, THE LETTER OF CREW REFERENCED ABOVE tS AMENDED AS FC+U OWS: NEW DATE OF EXPIRY: A1AR. 31, 2010 UC Ate 0L4fT DECREASED SY; U SD W. WO.00 t E UC AWKW AFTER AMENDMENT. IJSD 73,OM.M ALL OTHER TERMS AND CONDI-nOW OF THE ORIGINAL CREDIT 14STRUAENT REMAIN UNCHANGED_ THIS AMENDMENT(S)1IS AN IN"WPAL PART Of THE ORIGI14AL CREDIT AND MUST BE ATTACHED THERETO. PA1 1 OF 2. Chibank,N.A. PLEM DIRECT ICY INOUIRIE& OUOTM OUR REFERENCE MJMBER M. CUISTOIAR SIEWICE IXPAIUVENT, CrftB WHA CJoii3 SOWEP. CITICORP NOIMAMERICA, INC," CITIBANK CENTERBALDING 8, 31RD FLOORtAMPk ft 33010 TEE: � FAX, 0 WE SS WV+f1+rY T'R MSAC`.TNC MERVIC .OITICR# P,C+t M (CLICK ON TRADE SONVOE3 AND FINANCE) PAGE 2Of2