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REGULAR MEETING . MAY 26, 1998 <br />Mr. Larry D. Spradlin, Sr., Engineer, Division of Engineering, recommended that the following <br />Contractors and Excavation Bonds be approved and/or released as follows: <br />BOND OF CONTRACTOR <br />Aaron Catanzarite <br />d/b/a Aaron's Plumbing Released Effective March 2, 1999 <br />Craig Jankowski Released Effective May 26' 1998 <br />EXCAVATION BOND <br />Emergency Drain Service Approved Effective May 22, 1998 <br />Mr. Caldwell made a motion that the recommendation be accepted and that the Bonds be approved <br />and/or released as outlined above. Ms. Roemer seconded the motion which carried. <br />APPROVE IRREVOCABLE STANDBY LETTER OF CREDIT <br />Mr. Larry D. Spradlin, Sr., Engineer, Division of Engineering, submitted the following Irrevocable <br />Standby Letter of Credit to the Board and recommended approval: <br />IRREVOCABLE STANDBY LETTER OF CREDIT NO. 498104 <br />ISSUED BY: St. Joseph Capital Bank <br />FOR: Oakwood Villas, Section II <br />AMOUNT: $183,730.00 <br />EXPIRES: November 13, 1998 <br />IMPROVEMENT: Unimproved portion of street, curb, sidewalk, street <br />lighting, water, and sewers in Oakwood Villas, Section II <br />Upon a motion made by Mr. Caldwell, seconded by Mr. Roemer and carried, the Letter of Credit was <br />approved. <br />APPROVE TITLE SHEET - SOUTHEAST PARTNERSHIP CENTER SERVICE AREA - <br />PROJECT NO. 98-21 <br />Mr. Caldwell advised that the Title Sheet for the above referred to project was being presented at this <br />time for execution. Upon a motion made by Mr. Caldwell, seconded by Ms. Roemer and carried, the <br />above referred to Title Sheet was approved and signed. <br />APPROVE CLAIMS <br />Ms. M. Catherine Roemer, City Controller, submitted claims in the amount of $884,348.62 and <br />recommended approval. Additionally, Mr. Juan Manigault, Executive Director, WDS of Northern <br />Indiana., submitted lists containing claims in the amount of $242;933.19, and recommended approval. <br />Ms. Roemer made a motion that the claims be approved and the reports as submitted be filed. Mr. <br />Caldwell seconded the motion which carried. <br />ADJOURNMENT <br />There being no further business to come before the Board, upon a motion made by Mr. Caldwell, <br />seconded by Ms. Roemer and carried, the meeting adjourned at 10:12 a.m. <br />' In! nl-• <br />Lewis N. Powell, Member <br />M. atherine Roemer, Me ber <br />A T 1. <br />Angel . Jacob, lerk <br />1 <br />