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HomeMy WebLinkAboutLetter of Credit Memo Planning Department www.harnett.org PO Box 65 108 E. Front St. Lillington, NC 27546 MEMORANDUM Ph: 910-893-7525 Fax: 910-814-6459 TO: Vanessa Young, Director of Finance FROM: Mark Locklear, Manager of Planning Services DATE: November 12, 2008 RE: Irrevocable Standby Letter of Credit from New South Federal Savings Bank to Guarantee Construction and Completion of Anderson Creek Club, Phase 5a1a (14 lots). Please hold this Irrevocable Standby Letter of Credit from New South Federal Savings Bank in the amount of $175,000.00 for the above referenced property until further notice. Thank you in advance for your cooperation. .