Attachment D - Irrevocable Letter of Credit Sample~9.pdf

100 KB Posted

Attached to
24AL2521 Albany Mounds S. H. S. Farm Lease
Solicitation number
24-422DNR-DIREC-B-40130
Issued by
Vermilion County, Illinois

About this file

Written by GovTribe AI ·

This document is an Irrevocable Letter of Credit sample provided as an attachment to an Invitation for Bid (IFB) issued by the Illinois Department of Natural Resources for agricultural farming services on state-owned property located within the Albany Mounds State Historic Site in Whiteside County, Illinois. The letter of credit establishes an irrevocable line of credit for the successful bidder to cover the 2024 cash rent and 2024 real estate taxes due in 2025, with expiration dates of December 31, 2024 and February 15, 2026, respectively. The letter specifies the required documentation to draw on the credit, including a signed statement certifying the amounts owed.

The IFB seeks bids for agricultural farming services on the state-owned property, providing detailed location and acreage information. The contract term and any renewal options are not specified in the provided documents. Pricing terms, set-asides, incumbent information, funding requirements and sources, and other salient details are also not included in the provided materials.

View the file

Other files

File Type Posted
40130 Signed NOA.pdf PDF
IL State Board of Elections Registration Manual~10.pdf PDF
Previous Rent and Taxes 24AL2521.xlsx XLSX spreadsheet
Attachment C - Acceptable Services~10.pdf PDF
IPG Active Registered Vendor Disclosure -Formerly Forms B~18.docx DOCX document
24AL2521 Albany Mounds SHS Farm Lease Pre-Bid Conference Information~2.docx DOCX document
Attachment J - References~5.pdf PDF
Vendor Disclosure - Formerly Forms A~19.docx DOCX document
Attachment A - 24AL2521 Albany Mounds SHS Land Map~2.pdf PDF
Attachment F - Agriculture Seed Application Report~9.pdf PDF
Attachment G - Equipment List~9.pdf PDF
Attachment H - Agronomy Handbook~10.pdf PDF
Attachment E - Rate of Chemical and Fertilizer Application Forms~9.pdf PDF
24AL2521 Albany Mounds SHS IFB Rebid.docx DOCX document
Attachment B - 24AL2521 Albany Mounds SHS Cropping Plan 2024-2027.pdf PDF
Attachment I - 24AL2521 Albany Mounds SHS Soil Samples Map.pdf PDF
Show all 16

On GovTribe

Work with this file

  • Download the original file
  • Contacts named in this file
  • Similar government files
  • Ask GovTribe AI about this file
Try for free Login

Text version

The file's text, extracted by GovTribe without its formatting.

Attachment D Irrevocable Letter of Credit “Sample”

State of Illinois IFB Contract: Rate of Chemical and Fertilizer Forms V.23.4

State of Illinois Department of Natural Resources Office of Realty & Capital Planning/Concession & Leasing One Natural Resources Way Springfield, IL 62702

RE: Irrevocable Letter of Credit Number:

Date:

Expiration Date:

Gentlemen:

We hereby establish in your favor our Irrevocable Letter of Credit No. for the following specific payment:

1. The sum of \ cash rent.

2. Up to the sum of for Real Estate Taxes, penalties and interest.

We hereby authorize you to draw on us for the account of up to an amount of with an expiration date of December 31, 2024, for the 2024 CASH RENT and an estimated amount of with an expiration date of February 15, 2026 for the 2024 REAL ESTATE TAXES due and payable in 2025.

Available by your draft(s) at sight accompanied by the following documents:

1. Your signed statement certifying "The amount drawn represents sums owed by

2. Draft(s) drawn under this credit must be marked:

Drawn under the Bank Letter of Credit No. dated , 202 .

We hereby agree with you that all draft(s) drawn under and in compliance with the terms of this credit will be duly honored on delivery of documents as specified if presented at this office on or before December 31, 2024, for the 2024 CASH RENT and payments on or before February 15, 2026 for the 2024 REAL ESTATE TAXES due and payable in 2025.

Sincerely,

Items that Qualify and Explanation: Click here to enter text
ACCEPTABLE SERVICES IN LIEU OF CASH PAYMENTS

File details come from the government source that posted it. Updated .