LETTER OF CREDIT INCREASE
Mr. Anthony L. Shoemaker
City Manager - City of Clearwater
P. O. Box 4748
Clearwater, Florida 33518
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AREA OFFICE '
PENINSULAR PLAZA \dI\U ' \ . L
661 RIVERSIDE AVENUE 't' 'f\ \1 i'9t'\V ~
JACKSONVILLE, FLORIDA 32204 ~" 1-'\ ( \.Y.... rfi' ;ft
October 17, 1977 v \. ~ (
IN REPL REF' 0 .,
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REGION IV
Pershing point plaza
1371 peachtree Street, N.E.
Atlanta, Georgia 30309
Deax Mr. Shoemaker:
Subject: Community Development Block Grant
Grant No. :B-77-MC-12-0002
Letter of Credit Increase (1977 Grant): $826,000
Total Letter of Credit Amount: $1,501,000
This will acknowledge receipt of the executed Grant Agreement for your
1977 Community Development Block Grant.
Your Letter of Credit for the CDBG program has been increased by the
amount of this grant. A Letter of Credit Amendment will be forwarded
to you in about two weeks.
Before making a Request for payment for any expense on any conditional
activity, listed in Item 17 of the Grant Agreement, please be sure
that you have received written release on the respective activity from
this office.
In preparing and submitting a Request for payment, please follow the
instructions in HOD Handbook 1900.23 REV, "Letter of Credit Proce-
dures. . . ", end also utilize the convenient, supplementary "Guidelines
for Preparing and Submitting A Request for payment".
If we can be of any assistance at any time on any Letter of Credit
procedure or other financial matter. please call our Financial Analyst
at (904)-791-2814.
Sincerely,
~~
Area Director
cc: Honorable Gabriel Cazaxes, Mayor, City of Clearwater
Mr. Don Jass, Director, CDBG Program