ISSUANCE OF LETTER OF CREDIT
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THE FIRST NATIONAL BANK OF BOSTON
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RICHARD ), FATES
MAR <1
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Assistant Vice President
CITY CLEr~\1,
February 28, 1980
Mr. Thomas A. Bustin
City Attorney
Ci ty Hall
Clearwater, Florida 33516
Dear Mr. Bustin:
At Sid Knafe1's request, we have issued and enclose
a Letter of Credit in favor of the City of Clearwater
for $20,000. I can also relate to you that we are
working on the additional Letter of Credit in lieu of
the Construction Bond and anticipate having that to
you within the required time frame.
Best of luck with your new venture.
Sincerely,
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Richard J. Fates
Assistant Vice President
Enclosure
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BOX 2 0 1 6 . B 0 S TON, MAS SAC H USE T T S 0 2 1 0 6 . 6 1 7 / 4 3 4 - 4 4 7 3