l~~r-~<~+tTf;t.EF~;~_. ~_!t= ~~t_.~..r«T~a~~~i••a~ ~_~~i-~rE_r~ aiw ': i•~i ! i i i:~ ~ -I l._. t=: h,~ L'> ~~ Fi F~:t h~f C.: f-i =i ~! F~ L? i 'J I ~~~ I ~_7 fd t~ 7l ?- ~"'t I':- ~ I i E? ~_ ` . T`t i::l 7 , ~~ c~ 'y' i ~ ?° _7 E' L~ •~ E. i?I ~? z.' ' ' ~ .~ r_~ r ii ~' . '_; 1:1 tI it ?ll S? ~: :i C+ i'? ff; .:? t:.i i:' i:i `v {~ _? 1'tfl (fl I`.i ~• I C? ; f t. 7"' ~c.•t .~. C ~ 1~J 1 3'? ,, ~i f"? C:' t3 T't CI f= CI t `i C.: f.'1 R! ltl I ~: =: 3. C+ Z"r a Y_ L_ t"' i.: `:_ . ~': ~'"~ E:' +~=:~..tr~t ~_tnanimot-sly approved ey a vote of 4-0-~, o i' is<~' +_. ":-::= ~:t-,,~ l~_~:;t.e=,. c~1= i"r'e_rji~E: hd{::. ~F~~','4i45~~'i'til`:i rn;-' arlttir~?_~~i_~:ir._'ra t,i' ii(.!ct,`'~. ?. r. 1--i ~. y f-~ ]. a n c ~ E? ~:c z-r c: t°~ ~~ t_t t~ f• ~~ 1 3 ~ ; w '~. n COMMISSIONERS' COURT AGENDH REQUEST * PLEASE FURNISH ONE ORIGINAL AND FIVE COPIES OF THIS REQUEST AND DOCUMENTS TO BE REVIEWED BY THE COURT MADE BY: Franklin Johnston. P.E. Leonard Odom. Jr. OFFICE: Road & Bridge Department MEETING DATE: September 22. 1997 TIME PREFERRED: SUBJECT:(PLEASE BE SPECIFIC): Consider releasing Letter of Credit No. 4270037709 for Maintenance of Roads in Highlands Ranch Subdivision EXECUTIVE SESSION REQUESTED: YES NO XX PLEASE STATE REASON: Consider release of letter of credit. '~ =STIMATED LENGTH OF PRESENTATION: 10 minutes PERSONNEL MATTER -NAME OF EMPLOYEE: NAME OF PERSON ADDRESSING THE COURT: Franklin Johnston, P.E. Time for submitting this request for Court to assure that the matter is posted in accordance with Title 5, Chapters 551 & 552 of the Government Code is as follows. Meetings held on first Monday: 5:00 P. M. previous Tuesday Meetings held on Thursdays: 5:00 P.M_ previous Thursday THIS REQUEST RECEIVED BY: THIS REQUEST RECEIVED ON: (~ All Agenda Requests will be screened by the County Judges Office to determine if adequate information has been prepared for the Court's formal consideration and action at time of Court meetings. Your cooperation will be appreciated and contribute towards your request being addressed at the earliest opportunity. See Agenda Request Guidelines. I[~ce~°~° (~®~>m~ III®~~l ~ l~n°~~1~~ 4010 San Antonio Hwy. Kerrville, TX 78028 X830) 257-2993 FAX (830} 896-8481 September 3, 1997 Carroll Smith Vista Homes 998 Sidney Baker Kerrville, TX 78028 Kerr County Road & Bridge has verified that the roads in Highlands Ranch subdivision have been seal coated, signs have been installed and county maintenance shall begin this date per Court Order 23856 for the following roads. Rhum Road .50 mile Mull Road .50 Skye Drive .30 Victoria Drive .30 Duffy Drive .10 Mackay Drive .20 Letter of credit will be returnedireleased with approval of Commissioners Court at next regular meeting. Sincerely, ~/~ohnsto .E. Kerr County Engin cc: Commissioners' Court ~. ~~~ ORDER N0. 23856. ARRROVAL TO ACCEPT ROADS IN HIGHLANDS RANCH~SUBDIVISION FOR KERR COUNTY `MAINTENANCE On this the 24th day of February 1997, upon notion ^ade by Cos~aissioner Laaldwin, seconded by Coneissioner Oehler, the Court unanioously approved by vote of 4-0-0, to accept roads in Highlands Ranch Subdivision Voluee 5 Rage 233, Rrecinct i for Kerr County waintenance contingent upon the seal coat being coapleted when weather allows, and the signs being installed on the following roads: Rhu^ Road .50 ~ Mul 1 Road . 50 Skye Drive .30 Victoria Drive .30 Duffy Drive . 1@ /Mackay Drive .20 <:a NORWESf 6ANKS ,,' ,: NORWEST BANK TEXAS, N.A. °' 1500 BROADWAY LUBBOCK, TEXAS 79401 April 1, 1997 IRREVOCABLE STANDBY LETTER OF CREDIT NO. 4270037709 (Maintenance of Roads, Streets, and Alleyways in Highlands Ranch Subdivision) County of Kerr 4010 San Antonio Hwy. Kerrville, Texas 78028 Dear Sir/Madam: A DEPOSI'T' ON BEHALF OF Vista Construction, L.L.C., 998 Sidney Baker South, Kerrville, Texas 78028-6126. This is an irrevocable letter of credit issued to you the County of Kerr, Texas, at the request of Vista Construction, L.L.C., 998 Sidney Baker South, Kerrville, Texas 78028-6126, in accordance with Chapter 5, V.T.C.A., Texas Business and Commerce Code. This bank promises to pay to the order of the Kerr County, Texas, upon presentation of a sight draft, any amount not exceeding the cumulative total of $7,500.00 (Seven Thousand Five Hundred Dollars Only) on or after April 1, 1997. This is not a notation credit, and Kerr County, Beneficiary, shall be entitled to payment without the presentation of documents. In accordance with Section 5.106 of the Texas Business and Commerce Code, this letter of credit may be modified by the reduction of the total outstanding and unused amount of this credit, upon the execution and delivery to issuer of a sworn statement making demand by the County Engineer of Kerr County, or by anyone purporting to be his duly authorized agent, and presenting a document to that effect on Kerr County letterhead. This letter of credit shall expire on March 24, 1998. CONTINUED ON PAGE 2 WHICH FORMS AN INTEGRAL PART OF IRREVOCABLE LETTER OF CREDIT NO. 4270037709 ~fe1E~ ~~~; .~ :~~®iQi`k~' NORWssESnI BANKS ®N~6*+Y ~7 ~~Fi: Page 2 ,_,_ NORWEST BANK TEXAS, N.A. ATTACHED TO AND FORMS AN INTEGRAL PART' OF IRREVOCABLE LETTER OF CREDIT NO. 4270037709 IN WITNESS WHEREOF, the Issuer has caused this letter to be signed and attested by its duly authorized officer(s) who has attached proof of this authorization to sign, and sealed with the Issuer, this the lst day of April, 1997. Sincerely, NORWEST BAN~C TEXAS, N.A. ~- ~~c~t~ U ~ ~ ,~; ~~ Martha Wiley Assistant Vice President Letter of Credit Department i~~1~~ik7 NOfiWEST BANKS ',3' ~~,s,,, April 1, 1997 Kerr County 4010 San Antonio Hwy. Kerrville, Texas 78028 RE: Vista Construction, L.L.C. Attachment: Letter of Credit No. 4270037709 Gentlemen: NORWEST BANK TEXAS, N.A., LUBBOCK, TEXAS, at the request of Vista Construction, L.L.C., Kerrville, Texas has provided its Irrevocable Letter of Credit No. 4270037709, which is attached hereto in the amount of $7,500.00 dated April 1, 1997 in your favor. This will certify that Martha Wiley, Assistant Vice President is authorized to provide and execute the attached Irrevocable Letter of Credit. Very tyGly Seni tce President Agnb messlCommodity Lending KBTlmw Encls: 0zdex No. 25031 releasing LEtter of AppxOtaNo 4270037709 in Cxedi ganch 5ubdiVls1On Highlands September 22, 1997 Vol V page 406