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REGULAR MEETING <br />NOVEMBER 28, 1988 <br />Irrevocable Letter of Credit No. S-8702 - <br />1. Amount: $65,426.00 <br />Instead of: $101,265.00 <br />2. Expiry date November 17, 1989 instead of November 18, 1988. <br />3. Paragraph Two (2) should now read: "A statement purport- <br />edly signed by an official of the City Engineer's Office <br />certifying that, "Cross Creek, Inc. has failed to complete <br />installation of: sidewalks; 1" asphaltic surface coat of <br />Cross Creek Drive, Spring Hill Drive, River Cove Court, <br />and Hunter Run Circle." <br />All other terms and conditions remain unchanged. <br />Mr. Leszczynski also advised that the Industrial Foundation, <br />Inc., Suite 504, 205 West Jefferson, South Bend, Indiana, has <br />submitted Irrevocable Letter of Credit Number 565 in the amount <br />of $7,000.00 issued by the Valley American Bank and Trust <br />Company, P.O. Box 328, South Bend, Indiana. The Letter of Credit <br />is given to warrant the guarantee and completion of roadway, <br />drainage and utility improvements in the Toll Road Industrial <br />Park extension of Ralph Jones Court. <br />Upon a motion made by Mr. Leszczynski, seconded by Mrs. DeClercq <br />and carried, the above Amended Irrevocable Letters of Credit <br />and the Irrevocable Letter of Credit as submitted were accepted <br />and approved. <br />RELEASE CONTRACTORS BONDS <br />Mr. Melvin Humphrey, Engineering Department, recommended that the <br />following Contractors Bonds be released as follows: <br />Silas Boyd, d/b/a Boyd's Enterprise <br />Effective: November 28, 1988 <br />Leon Townsend d/b/a Townsend Construction <br />Effective: December 8, 1988 <br />Super Wash, Inc. <br />Effective: November 19, 1988 <br />Upon a motion made by Mrs. DeClercq, seconded by Ms. Humphreys <br />and carried, the above Contractors Bonds were released. <br />APPROVE LICENSE APPLICATION - PUBLIC PARKING FACILITY <br />Upon a motion made by Mr. Leszczynski, seconded by Mrs. DeClercq <br />and carried, the following application was approved and referred <br />to the Deputy Controller's office for issuance of the :License: <br />NAME: National Autopark, Inc. <br />LOCATION: 119 West Wayne Street <br />BY: William R. Henke, Jr., Building Manager <br />FILING OF ENVIRONMENTAL CLEAN-UP OF LOTS REPORT <br />A report from the Department of Code Enforcement indicating a <br />total of sixty-six (66) properties cleaned from November 1, 1988 <br />to November 10, 1988 was submitted. Upon a motion made by Mrs. <br />DeClercq, seconded by Mr. Leszczynski and carried, the report as <br />submitted was accepted and filed. <br />FILING OF CERTIFICATE OF INSURANCE <br />Upon a motion made by Mr. Leszczynski, seconded by Mrs. DeClercq <br />and carried, the Certificate of Insurance for Casteel <br />Construction Corporation, P.O. Box 628, South Bend, Indiana, was <br />accepted and filed. <br />