Laserfiche WebLink
Bank <br />O F ELK RIVE R <br />May 13, 2024 <br />The Bank of Elk River <br />630 Main St NW <br />Elk River, MN 55330 <br />Joe Stremcha <br />City of Elk River <br />13065 Orono Parkway <br />Elk River, MN 55330 <br />RE: Dr. Christian/iBackCheck <br />Dear Joe, <br />This letter is to inform you of a bank error that occurred with respect to iBackCheck PLLC's Automatic <br />Funds Transfer (AFT) Agreement. Dr. Christian authorized a change to her AFT on April 26, 2024 for the <br />amount of $4,521.15 to occur monthly on the Is'of each month beginning on May 1, 2024 (see attached <br />AFT agreement that was completed.) Unfortunately, the internal maintenance on this change was <br />completed incorrectly by the bank, which resulted in a transfer amount of $4,008.61 occurring on May <br />15T, 2024. The transfer amount was made incorrectly due to the bank's error rather than Dr. Christian's <br />and the funds were more than adequate in Dr. Christian's account to make the correct transfer amount. <br />The AFT has since been corrected after receipt of your email on May 81", 2024. <br />Please accept my apologies for the error and any inconvenience this has caused. In light of this <br />information, it would be greatly appreciated if you would reconsider the lease termination. Please let me <br />know if there is anything else I can provide to help and thank you for your consideration. <br />Sincerely, <br />Michelle Thatcher <br />Vice President <br />(763)241-8592 <br />Page 279 of 430 <br />