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Bank CorrespondenceDiana Lopez Service Consultant December 2, 2003 Schwarz Engineering 100 Financial Drive Ste. 120 Kalispell, MT 59901 Bob Stauffer: Commercial Client Services Az1-1175 201 N Central Ave. 215t Floor Phoenix, AZ 85004 Phone: 602-221-1281 Fax: 602-221-1682 I am enclosing the Certificate of Deposit for the CD set up for Norm Shaw or City of Kalispell. Bank One no longer uses the old card CD Certificates. The new Certificates of Deposit are computer generated. This is a legal form, and contains all the information needed regarding the CD. else. Si Please do not hesitate to call me if you have any questions, or should need anything man President ACCOUNT TITLE RIO ARIZONA HOLDINGS OR CITY OF KALISPELL ADDRESS 7590 E GRAY RD SUITE 105 SCOTTSDALE, AZ 85260 TAXPAYER ID NUMBER 86-0921401 ACCOUNT PURPOSE Business T - 2E OF OWNERSHIP Corporation ISSUED BY Bank One, NA (601 ) 476 - Industry Specialists Phoenix 137 DIANA M LOPEZ (602)221-1281 12/02/2003 Member FDIC ACCOUNT NUMBER 010-000-0715217 DEPOSIT AMOUNT $154,500.00 TERM 364 Days ISSUE DATE 12/02/2003 MATURITY DATE 11/30/2004 TYPE OF MATURITY Automatically Renewable INTEREST RATE 0.80% ANNUAL PERCENTAGE YIELD `0.80% INTEREST COMPOUNDING Daily PAYMENT FREQUENCY At maturity INTEREST PAYMENT METHOD Capitalize TIME DEPOSITS ARE NONNEGOTIABLE AND NONTRANSFERABLE This nonnegotiable receipt is provided solely for the convenience of the customer. The deposit referred to hereon is set forth in the records of the Bank and is subject to the rules and regulations of the Bank applicable to this account. All deposit items accepted are subject to rules and regulations pertaining to deposit transactions. Penalty for Early Withdrawal Job number Date To Number of pages Start time End time Pages sent Status Job number 882 December 15, 2003 Cone COff2nal.1 First Vice President aA1G OAe Fax �#602-221 -1682 boar Mr_ Coff-maA: Page : 001 Date & Time: Dec-15-03 03:48pm Line 1 Machine ID 882 Dec-15 03:47pm 2916022211682--939 004 Dec-15 03:47pm Dec-15 03:48pm 004 OK *** SEND SUCCESSFUL *** Per your telcphoae cormixrx atioA with. Fines ee Director Amy Rc bertsoA lust week. I axri PFuc—g you a lertor a.Tffreeiag rb.at the certificate of Deposit 001 0-000-0715217 will Aoz be cashed without approval From zhe City of Kalispoll. Please fax back with your signature as soon. as possible_ I can not release the Final Plat for this subdivisioxz until this lettcr is approved. Please eor tact rues if you have any questions. Theresa While City Cleric Phone: 406-758-7756 fax: 406-7 S 8-775 8 I141[J1v1BER OF PAGES: 4 with cover letter City of Kalispell Post Office Box 1997 - Kalispell, Montana 59903-1997 - Telephone (406)758-7700 Fax(406)758-7758 December 15, 2003 GENE COFFMAN FIRST VICE PRESIDENT BANK ONE 201 N. CENTRAL AVE., 21ST FLOOR PHOENIX, AZ 85004 SUBJECT: Norm Shaw Cert. of Deposit #010-000-0715217 Dear Mr. Coffman: We reviewed your letter addressed to Bob Stauffer of Schwarz Engineering, dated December 2, 2003 and have reviewed the Certificate of Deposit Receipt. The City of Kalispell does not object to co -ownership of the Certificate of Deposit by Rio Arizona Holdings, providing however, that the CD cannot be cashed or otherwise transferred without the express, written approval of the City of Kalispell. The City of Kalispell will be relying on the availability of these funds for completion of promised improvements, should a default in performance occur. If you have any questions, you may contact me at the Office of the City Attorney at (406) 758-7708. Sincerely, Richard/M. Hickel Adjutant City Attorney APPROVf-D^BY GENE COFFMAN, V.P., BANK ONE ON , 200_. GE, VICE PRESIDENT BANN , PHOENIX AZ City of Kalispell Post Office Box 1997 - Kalispell, Montana 59903-1997 - Telephone (406)758-7700 Fax (406)758-7758 December 16, 2003 Gene Coffinan First Vice President Bank One 'ail N. Central Ave -.Lie. list Floo, Phoerix. At 3700-,I Dear Mr. Coffman: Enclosed is the hard copy of the letter you signed and returned by fax. Please sign at your convenience and return for our files. We apologize for any inconvenience this may have caused. Thank you for your time, Theresa White City Clerk r •-` G NOV 30 2004 09:59 FR CMML CLIENT SVCS 602 221 1115 TO 914067587847 P.02i02 • 4 t,; •: a f• • l ACCOUNT TITLE RIO ARIZONA HOLDINGS OR CITY OF KALISPELL NEXT MATURITY DATE PRIOR MATURITY VALUE 11/30/2004 $154,500.00 ADDRESS 7590 E GRAY RD SUITE 105 SCOTTSDALE, AZ 85260 TAXPAYER ID NUMBER 86-0921401 ACCOUNT NUMBER 0100000715217 LAST RENEWAL DATE DATE OF RENEGOTIATION TERM MATURITY DATE 11/30/2004 240 Day(s) 07/28/2005 INTEREST RATE ANNUAL PERCENTAGE YIELD 1.49% 1.5% PAYMENT FREQUENCY INTEREST PAYMENT METHOD 240 Day(s) Capitalize WITHDRAWAL AMOUNT/EFFECTIVE DATE ISSUED BY JPMorgan Chase Bank, N.A. (601 ) Comm. Client Services, Phoenix, AZ 769 DIANA M LOPEZ 602-221-1281 11 /30/2004 BA .= t Mdmbbe FDIC TYPE OF MATURITY Automatically Renewable INTEREST COMPOUNDING Daily ADDITIONAL FUNDSIEFFECTIVE DATE TOTAL RENEGOTIATED AMOUNT $155,737.53 THIS ACCOUNT IS NONNEGOTIABLE AND NONTRANSFERABLE. This receipt is provided solely for your convenience as an Initial record of the account terms reflected on the books and records of the Bank as of the date hereof. It is not an instrument, note or security and Is not required to be surrendered to the Bank as a condition for redemption or withdrawal. The deposit account referred to hereon is subject to Bank One's Certificate of Deposit and Cerficate of Deposit Individual Retirement Account Agreement_ You acknowledge that you have received this agreement and agree to its terms. PENALTY FOR EARLY WITHDRAWAL. ** TOTAL PAGE.02 ** l► City of Kalispell Public Works Department Post Office Box 1997, Kalispell, Montana 59903-1997 - Telephone (406)758-7720, Fax (406)758-7831 MEMORANDUM August 2, 2005 To: Carol Kostman, Treasurer From: Frank Castles, P.E., Assistant City Engineer RE: Glacier Commons Subdivision Granrud Lane Upgrade Attached is a Cashier's Check in the amount of $11,500.00, for the maintenance bond for the referenced project. Please return the Security currently being held for this project. Cc: Jim Purdy Shaw Development P.O. Box 5000 Whitefish, MT 59937 g F City of Kalispell Public Works Department T Post Office Box 1997, Kalispell, Montana 59903-1997 - Telephone (406)758-7720, Fax (406)758-7831 MEMORANDUM August 16, 2006 To: Deb Deist, Treasurer From: Frank Castles, P.E., Deputy Public Works Director/Assistant City Engineer RE: Glacier Commons Subdivision — Granrud Lane Upgrade An examination of the referenced project has revealed that the work has been completed in accordance with the approved plans and specifications. Please return the financial security to the issuer of the instrument. Cc: Sean Conrad, Senior Planner Kalispell Planning Office CITY OF KALISPELL 08/24/05 1:37 PM trs RIO AZ/GLACIER COMMN RECEIPT NO:C004150 AMOUNT FMSD RIO AZ/GLACIER COMMN 11,500.00 7940A PAYMENT RECEIVED AMOUNT CK 158478 11,500.00 TOTAL 11,500.00 August 23, 2006 RIO Arizona Holdings, LLC 7590 East Gray Road, Suite 105 Scottsdale, AZ 85260 RE: Glacier Commons Subdivision, Granrud Lane Upgrade Dear Sir, Enclosed is your cashier's check #158478 in the amount of $11,500. All work has been completed in accordance with the approved plans and specifications. Sincerely, Debra J. Deist City Treasurer Fit National 158478 Bank of m ontam REMITTER TOL4FREE 800.6242692 -� � ' 93-285/921 DATE PAY TO THE ORDER OF -� =• I - K4; . l I i i -i I-li_:i'; 4.'irv".: � _. i : _ � � i_IS�i i..�:..Y.t �.�•L��:_i », i .. ._. DOLLARS THIS DOCUMENT HAS AMICRO-PRINT SIGNATURE LINE, AUTHENTIC WATERMARK, AND CHLOROSTAIN PAPER; AB CE WILL INDICATE A COPY IGNATURES REQUIRED LOSS OF THIS CHECK MAY REQUIRE THE PURCHASE OF AN INDEMNITY BOND. 7 O DELUXE SEkMNa