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Bond Release MEMORANDUM TO: Vanessa Young, Director of Finance FROM: Mark Locklear, Planner DATE: January 23, 2002 RE: Letter of Credit #9510019129 00011 for Woodbridge Subdivision, Phase I Upon inspection of Woodbridge Subdivision, Phase Ion 12-4-01, I have found that all improvements have been installed in accordance with the Harnett County Subdivision Regulations. At this time, please release the above referenced letter of credit to: Pine Grove Development Co. Attn: Lee G. Tomlinson 622 Buffalo Lakes Rd, Suite A Sanford, NC 27330 Thank you for your assistance.