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HomeMy WebLinkAbout2012-06-05 Guaranty Letter Forwarding Cash deposits - $20,000 as required by Developer's Agreememt GUARANTY I INC. day `)tic June 5, 2012 Eric Johnson City Administrator City of Oak Park Heights 14168 Oak Park Blvd. Oak Park Heights, MN 55082 RE: City of Oak Park Heights Developer's Agreement- Oak Park Senior Living Phase II (Formerly Carriage House Co -op) Dear Mr. Johnson, Enclosed please find a check in the amount of $10,000.00 for the above- referenced Project and cash escrow requirement. Thank you! Sincerely, Kris Warn n CounseUClos' g Officer (612) 746 -0419 Cc: John Nolde, Esq. (via email only) Renaissance Square Tim Nolde 520 Nicollet Mall Suite 400 Minneapolis, MN 55402 p 612 - 339 -5813 r 612- 337 -5966 W guarantytitle.net Guaranty Commercial Title, Inc. Bridgewater Bank 132954 Escrow Account Bloomington, MN Renaissance Square 952- 893 -6868 520 Nicollet Mall, Suite 400 www.bridgewaterbankmn.com Minneapolis, MN 55402 75- 1752/910 GF No. 57916 PAY Ten Thousand and 00/100 TO THE DATE AMOUNT ORDER OF 06/01/2012 $10,000.00 City of Oak Park Heights 14168 Oak Park Blvd VOID AFTER 90 DAYS Oak Park Heights, MN 55082 _ Memo: r % 11 1:09101 ?5231: 8300200r.11 Apr Guaranty Commercial Title, Inc. Bridgewater Bank 132954 Escrow Account Bloomington, MN Renaissance Square 952- 893 -6868 520 Nicollet Mail, Suite 400 www.bridgewaterbankmn.com Minneapolis, MN 55402 75- 1752/910 57916 Check Date: 06/01/2012 $10,000.00 PAYEE: City of Oak Park Heights SELLER: BUYER: Oakgreen Senior Villas, LLC, a Minnesota limited liability company ADDRESS: Unassigned Address, Oak Park Heights, MN Line Items Description Amount 2510 Development Agreement Cash Escrow Requir $10,000.00 T. L. NOLDE e19 ANCHO BAY PRO, INC. ! �. po DATE STILLWAMR, MN 55082 -0119 PAY TO THE 0 $ r© ORDER A.. { DOLL g LAKE ELMO BANK A TRADITION 0I s[,IVIGE - o. STILLWATEROLAKE ELMOOOAKDALE 551.77 MEMO 1:09 19 10 1961: 09 20499u 06OS L I