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6a' <br />REGULAR MEETING <br />OCTOBER 28, 1985 <br />213-217-219-221 and 223 South Scott -Street, South Bend, Indiana. <br />Upon &-motion made by Mr. Leszczynski, seconded by Ms. Barnard <br />and carried, the above request was referred to the necessary City <br />departments and bureaus for a determination as to whether or not <br />the City need retain the above referred to property for any <br />reason. <br />APPROVE RELEASE AND ASSIGNMENT OF CLAIM - O'NEAL TRUCKING <br />COMPANY, INC.'._ <br />Submitted to the Board for approval was a Release and Assignment <br />which indicated that the City of South Bend, for the amount of <br />eight thousand three hundred dollars ($8,300.00) to be paid by <br />The Aetna Casualty and Surety Company of Hartford, Connecticut, <br />under the provisions of Bond No. 27SB041714BCA, releases and <br />discharges The Aetna Casualty and Surety Company on account of a <br />certain loss arising out of a Maintenance Claim. Further, the <br />City transfers over to The Aetna Casualty and Surety Company all <br />of its claims and rights against O'Neal Trucking Company and <br />Julien O'Neal, Jr., President in regards to the above referred to <br />claim. Mr. Leszczynski advised that this Release is in <br />settlement of a claim against The Aetna Casualty and Surety <br />Company under the O'Neal Trucking Company Bond in regards to the <br />Phillipa Street Improvement Project. With the settlement of this <br />claim, the City will now be able to proceed with completion of <br />the sewer project and street pavement repairs. Upon a motion <br />made by Mr. Vance, seconded by Ms. Barnard and carried, the <br />Release was approved and executed. <br />APPROVE TITLE SHEET - SOUTHEAST RETAINING WALL REPAIR ISLAND PARK <br />PROJECT <br />Mr. Leszczynski advised that the Title Sheet for the above <br />referred to project was being presented at this time for <br />execution. He further advised that Cole Associates, Inc. has <br />reviewed the plans and specifications for this project. In <br />response to a question regarding the funding for this project, <br />Mr. Vance stated that Center Century is currently looking into <br />various funding sources including a loan from the State. Mr. <br />Leszczynski advised that the plans and specifications will be <br />presented for approval once the funding is obtained. Further, in <br />response to a question of whether or not this project involves <br />the portion of the retaining wall that was previously damaged, <br />Mr. Leszczynski advised that this project will correct a new <br />problem which is not of the extent of the original damage to <br />another portion of the wall. Upon a motion made by Mr. <br />Leszczynski, seconded by Ms. Barnard and carried, the above <br />referred to Title Sheet was approved and signed. <br />APPROVE TRAFFIC CONTROL DEVICES <br />Upon a motion made by Mr. Leszczynski, seconded by Ms. Barnard <br />and carried, the following two (2) traffic control devices were <br />approved: <br />1. NEW INSTALLATION, SPEED LIMIT 20 - 300 S. St. Louis. <br />(Howard Park & Skating Rink - Req. P.D.). <br />2. NEW INSTALLATION, 2 HOUR PARKING 12P-9P-EXCEPT SUNDAY - <br />3610-3612 Western Avenue. (Req. Gene Studio & <br />Connie's Barber Shop). <br />FILING OF IRREVOCABLE LETTER OF CREDIT NO. 353 - JACK HICKEY <br />ASSOCIATES, INC. <br />Mr. Leszczynski advised that the Valley American Bank, P.O. Box <br />328, South Bend, Indiana, submitted to the Board for filing, an <br />Irrevocable Letter of Credit No. 353 in the amount of $5,000.00 <br />on behalf of Jack Hickey Associates, Inc., to warrant the <br />