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HomeMy WebLinkAboutCore Site Release of Letter of Credit 041811TOWN OF 0 ) VAIL 75 South Frontage Road West Vail, Colorado 81657 vailgov.com April 18, 2011 Mrs. Karen Biggs Land Title Guarantee Company 108 South Frontage Road Vail, Colorado 81657 Re: Release of Arrabelle Core Site Agreement Letter of Credit Dear Karen, Community Development Department 970.479.2138 970.479.2452 fax The purpose of this letter is to provide written notice from the Town of Vail that the improvements bonded by the irrevocable letter of credit (LOC# 3091306) have been completed pursuant to the terms outlined in the Arrabelle Core Site Housing Agreement. The letter of credit is no longer required by the Town of Vail and the original letter of credit document be may be released to Vail Resorts Development Company. Should you have any questions, please do not hesitate to call. You can reach me most easily at (970) 4789 -2145. Sincerely, George Ruther, AICP Director Community Development Town of Vail