07/17/1917 Board of Public Works Minutes

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Tuesday July 17th. ,1917. C ont inued. Mr. Willis of the South Bend Home Tel. Comany'appeared before the y Board in regard to to placing underground wiring in sidewalk on East La Salle Avenue The same was granted. The Board ordered that a telephone be placed in the Crematory, e o Petitions received for a pipe sewer on E. Dayton Street from Marine Street to lst. alley west of Leer Street, also a petition for the vacation of part of Huey Street from Lincoln May West to south to conform with rest of street. L Same were referred to the C ity Civil Engineer for a report, Mr. R. C. Stephenson of the St. Joseph Loan and Trust Company appearo5d ,before the Board and filed the following assignments of the W. B. Brady Construction v Company. Copy of same -delivered to the City Controller. South Bend, Indiana July 2,1917. FOR VALUE RECEIVED, the W. B. Brady Construction Company, hereby transfer, sells and assigns th THE ST. JOSEPH LOAN AND TRUST COMPANY of South Bend, Indiana, all its rights, titles and interest in and to five certain contracts, made and executed by and between the City of South Bend, Indiana, and the. W. B. Brady Construction Company for the paving of the following streets, and which contracts are dated respectively as follows,: For paving Euclid Avenue from La Porte to Walnut St. dated Oct. 24,1916. LaPorte Avenue from Wash. Ave to Linden Ave. dated Mar.28,191 Fuerbringer St, from Cottage Grove to. Sherman Ave. dated May2,191 Franklin Street from Indiana Ave. to Calvert St: dated May2,1917 Calvert Street from Miami St. to High Street dated May 2,1917. Leer St. from Lincoln Way E. to Calvert St, dated May 15,1917. and the said construction company hereby transfers and assigns to . the said Trust Company all money and bonds that shall hereafter be due from the said City of South Bend to the said Construction Company -on said contracts, and the said Trust Company is hereby authorized to receive said money and bonds, and the receipt of the said Trust Company therefor shall fully discharge the City of South Bend from any further liability to the said W. B. Brady Construction Company. The consideration for the foregoing assignment is that the said Trust Company has agreed to advance to the said Construction Company certain sums of money that may be required during the construction of the said work, and the foregoing assignment is made to secure the said St. Joseph Loan & Trust Company for -all amounts so advanced and loaned to the said W. B. Brady Construction Company, and it is agbed that upon.the,compjgtipx,,pfthe said work that the said Trust Company will purchase from the said Construction, Company the bonds issued in connection with the several street improve- m Mts aforesaid at par and accrued interest. IN WITNESS WHEREOF, the W. B. Brady Construction Company , by W. B. Brady its President, and the St. Joseph Loan & Trust Cmmpany, by Rome C. Stephenson, its President, has hereunto affixed its seals this 2nd. day of May 1917. W. B. BRADY CONSTRUCTION CO. per W. B. BRADY President. Si. JOS. LOAN & TURST COMPANY, by R. C. STEPHENSON, President. placed on file. The following estimated cost of improvements were received read and July 14,1917. To the Hon. Board of public Works of the City of South Bend, Indiana. Gentlemen:- r I herewith estimate the cost of ,the pavement Improvement on Eddy Street from Jefferson Boulevard to Mishawaka Avenue at .......... ................... $43#600.00 Respectfully submitted, FREDERICK J. ANDERSON City Engineer.