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v <br />~~ <br /> <br />Amador Valley Savings <br />& Loan Association <br />P.O. Box 1240 • 530 Main Street • Pleasanton, CA 94566 • (415) 462-7200 <br />September 26, 1986 <br />City of Pleasanton <br />200 Old Bernal Avenue <br />Pleasanton, CA 94566 <br />RE: Our Loan No. 0900836-8 <br />Gentlemen: <br />We hereby establish our irrevocable Letter of Credit in your favor in <br />the amount of $10,000.00 available by your drafts drawn at sight on us <br />for the specific reason of HSC Development, Tnc. defaulting on its <br />obligations to perform erosion control and construction hazard control. <br />This Letter of Credit shall automatically expire upon completion of the <br />above. <br />Yours very trul <br />4~ <br />Sandra M. Barnett <br />Vice President <br />SMB:b <br />