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2 <br />REGULAR MEETING <br />MAY 9, 1988 <br />Therefore, upon a motion made by Mr. Leszczynski, seconded by Ms. <br />Humphreys and carried, the Agreement as indicated above was <br />approved and executed. <br />APPROVE IRREVOCABLE LETTER OF CREDIT NO. 537 - JACK HICKEY, INC. <br />(_KENSINGTON FARMS EAST, SECTION V, PART II) <br />Mr. Leszczynski advised that Mr. Michael P. Meeks, Director, <br />Division of Engineering and Mr. Melvin B. Humphrey, Bureau of <br />Design and Construction, have submitted a Letter of Credit from <br />Jack Hickey, Inc., South Bend, Indiana, on behalf of the City of <br />South Bend, Indiana, as a guarantee to complete construction of <br />all public improvements stated in said letter within the limits <br />of Section Five (V), Part II Kensington Farms East Subdivision. <br />Mr. Meeks and Mr. Humphrey stated that this acceptance will allow <br />the plat dedication to proceed and building construction prior to <br />the completion of the public improvements required by the <br />developer. <br />It was noted that the Irrevocable Letter of Credit No. 537 was <br />issued by the Valley American Bank, P.O. Box 328, South Bend, <br />Indiana, and is in the amount of $92,000.00. The Letter of <br />Credit indicated that it is given to warrant the guarantee and <br />completion of public improvements, including but not limited to <br />water, sanitary sewers, storm sewers, curbs, streets, sidewalks <br />and street lighting in Section V, Part II, Kensington Farms East. <br />Upon a motion made by Mr. Leszczynski, seconded by Mrs. DeClercq <br />and carried, the Letter of Credit as submitted was accepted and <br />approved. <br />REQUEST TO CLOSE THE 600 BLOCK OF EAST ECKMAN FOR BLOCK PARTY - <br />MAY 22, 1988 - REFERRED <br />In a letter to the Board, Mr. T. Mark Fay, 622 E. Eckman Street, <br />South Bend, Indiana, advised that the neighbors in the 600 block <br />of East Eckman Street seek permission to close the street on May <br />22, 1988 from 12:00 noon to 8:00 p.m. for a neighborhood block <br />party. Upon a motion made by Mrs. DeClercq, seconded by Mr. <br />Leszczynski and carried, the request was referred to the Bureau <br />of Traffic and Lighting and the Police Department Traffic <br />Division for review and recommendation. <br />APPROVE REQUEST OF YELLOW CAB COMPANY FOR A TAXICAB STAND IN THE <br />500 BLOCK OF WEST SOUTH STREET EAST OF THE ENTRANCE TO THE <br />COVELESKI BASEBALL STADIUM <br />Mr. Leszczynski advised that the appropriate City departments and <br />bureaus have reviewed the above referred to request submitted to <br />the Board on March 28, 1988 and recommend approval at this time. <br />Mr. Leszczynski further advised that the Bureau of Traffic and <br />Lighting has indicated that the area to be approved is two (2) <br />spaces on West South Street on the north side of the street <br />approximately across from the Union Station. Therefore, upon a <br />motion made by Mrs. DeClercq, seconded by Mr. Leszczynski and <br />carried, the recommendation was accepted and the request <br />approved. <br />APPROVE REQUEST OF WEST SIDE MEMORIAL COMMITTEE TO CONDUCT ANNUAL <br />MEMORIAL DAY PARADE - MAY 30, 1988 <br />Mr. Leszczynski advised that the necessary City departments and <br />bureaus have reviewed the above referred to request submitted to <br />the Board on April 25, 1988 and recommend approval. Therefore, <br />upon a motion made by Mrs. DeClercq, seconded by Mr. Leszczynski <br />and carried, the recommendation as submitted was accepted and the <br />request approved. <br />APPROVE REQUEST TO CLOSE PORTION OF EAST WAYNE STREET FOR BLOCK <br />PARTY - MAY 22, 1988 <br />Mr. Leszczynski advised the Board that the Bureau of Traffic and <br />Lighting and the Police Department Traffic Division have reviewed <br />1 <br />I <br />[1 <br />