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REGULAR MEETING <br />FEBRUARY 12, 201.3 36 <br />subject to addressing the landscaping concerns and properly posting a sign stating cars will be <br />towed. <br />APPROVAL OF PERMITS /LICENSES <br />The following street closures and processions were presented for approval: <br />Applicant <br />Description <br />Date /True <br />Location <br />arried <br />PRRoos/Mecham otion <br />American <br />Procession — <br />May 19, 2013; <br />Leave Wal -Mart o <br />Legion Riders <br />Fallen Heroes <br />8:00 a.m- to <br />Portage Ave. to Bendi <br />Family Ride <br />12:30 p.m. <br />Dr. to Nirntz Parkway to <br />By -Pass, Continue on <br />State and County Roads <br />Girls on the <br />Procession — <br />May 18, 2013; <br />John Adams High <br />Roos/Neal <br />Run Michiana <br />Girls on the <br />7:30 a.m. to <br />School through IUSB, <br />Run 5k <br />11:30 a.m. <br />along Northside Blvd. <br />back to John Adams <br />High School <br />TABLE STREET NAME CHANGE REQUEST — SCHAFER GEAR DRIVE TO <br />SHOWERLUX DRIVE <br />Mr. Gilot advised that the Board is in receipt of a request from Mr. Somaschini North America, <br />LLC, the owner of South Bend Gear located at 3801 Schafer Gear Drive, South Bend, Indiana <br />46628, to rename Schafer Gear Drive, Showerlux Drive, the original name of the street. <br />Somaschini North America, LLC, acquired Schafer Gear and he stated in a letter that GPS <br />devices still recognize the street as Showerlux Drive. Upon a motion made by Mr. Gilot, <br />seconded by Ms. Roos and carried, the request was tabled until confirmation is made on who <br />holds title to the property and to confirm that another business is not located on this street also. <br />APPROVE TRAFFIC CONTROL DEVICES <br />Upon a motion made by Mr. Gilot, seconded by Ms. Roos and carried, the following traffic <br />control devices were approved: <br />NEW INSTALLATION: Handicapped Accessible Parking Space Sign <br />LOCATIONS: 810 South Gladstone Street <br />2801 Mishawaka Avenue <br />1121 Allen Street <br />2201 South Michigan Street <br />REMARKS: All criteria has been met <br />APPROVE AMENDED IRREVOCABLE LETTER OF CREDIT: <br />Mr. Tony Molnar, Division of Engineering, submitted the following amended irrevocable Letter <br />of Credit to the Board and recommended approval: <br />IRREVOCABLE STANDBY LETTER OF CREDIT NO....:- 2544726682 <br />ISSUED BY: MutualBank <br />FOR: Cleveland Woods Development Co., LLC — <br />Fernwood — Phase Three <br />AMOUNT: $61,870.00 <br />EXPIRES: January 31, 2014 <br />IMPROVEMENT: Amend Irrevocable Letter of Credit No. <br />2544726682 for Failure to Complete Required <br />Sanitary Sewer and Municipal Water in Project <br />Mr. Gilot made a motion that the Letter of Credit, as outlined above, be approved. Ms. Roos <br />seconded the motion, which carried. <br />FILING OF CERTIFICATE OF INSURANCE <br />Upon a motion made by Mr. Gilot, seconded by Ms. Roos and carried, the Certificate of <br />Insurance for the following business was accepted for filing: <br />A. Royal Holdings, Inc. <br />