Order No.28348
Release Letter of Credit #07366775
On this the 14th day of October 2003 upon motion made by Commissioner Nicholson,
Seconded by Commissioner Baldwin, the Court unanimously approved by vote of 3-0-0
to release Letter of Credit #0736775 for Road Construction in Stablewood Springs
Subdivision.

COMMISSIONERS' COURT AGENDA REQUEST
~'pLEASE FURNISH ONE ORGINAL AND NINE COPIES OF THIS REQUEST AND DOCUMENTS
TO BE REVIEWED BY THE COURT.
MADE BY: Franklin Johnston. P.E.
MEETING DATE: October 14, 2003
OFFICE: Road & Bridge
TIME PREFERRED:
SUBJECT: (PLEASE BE SPECIFIC} Release Letter of Credit # 7036775 for Road Construction in
Stablewood Springs Subdivision.
EXECUTIVE SESSION REQUESTED: (FLEASE STATE REASON}
NAME OF PERSON ADDRESSING THE COURT: Franklin Johnston, P.E. County E~ineer
ESTIMATED LENGTH OF PRESENTATION: 10 minutes
IF PERSONNEL MATTER -NAME OF EMPLOYEE:
Time for submitting this request for Court to assure that the matter is posted in accordance with
Title 5, Chapter SSI and 552, government Code, is a follows:
Meeting scheduled for Mondays: 5:00 P.M. previous Tuesday
THIS REQUEST RECEIVED BY:
THIS REQUEST RECEIVED ON:
All Agenda Requests will be screened by the County Judge's 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 Rule Adopted by Commissioners' Court.

Franklin Johnston, P.E.
County Engineer
Kerr County Road & Bridge
4010 San Antonio Hwy
Kerrville, Texas 78028
Telephone: 830-257-2993
Leonard Odom, Jr.
Road Administrator
Truby Hardin, Coordinator
TO: COMMISSIONERS COURT
FROM: FRANKLIN JOHNSTON, P.E., KERR COUNTY ENGINEER
DATE: October 2, 2003
FAX: 830-896-8481
Email: kcroads@ktc.com
RE: Release Letter of Credit # 7036775 for Road Construction in Stablewood Springs
Subdivision.
1. Road construction in Stablewood Springs is completed and paving has been
inspected. I recommend release of Letter of Credit # 7036775 for road construction.
2. These are private roads. Maintenance Bond is not required.
ll I I'I~I'1
LETTER OF CREDIT N0.7036775
Maintenance of Roads, Street, and Alleyways
In Stablewood Springs Subdivision
March 21, 2003
This is an irrevocable letter of credit issued to the County of Kerr, Texas, 4010 San
Antonio Hwy, Kerrville, TX 78028, at the request of Stablewood Development
Partnership II, L.P., in accordance with Chapter 5, V.T.C.A., Texas Business and
Commerce Code.
This Bank promises to pay to the order of Kerr County, Texas, upon presentation of a
sight draft, any amount not exceeding the cumulative total of ONE HUNDRED FIVE
THOUSAND AND NO/100#-------($105,000.00) on or after March 21, 2003.
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 June 2, 2004.
IN WITTNESS WHEREOF, the Issuer has caused this letter to be signed and attested
by its duly authorized officer who has attached proof of this authorization to sign, and
sealed with the Issuer, this the 21th day of March, 2003.
ISSUER:
Bank of The Hills, N.A.
BY:
Tom Gould, Executive ice President
1075 Junction Highway • P. O. Box 2002 • Kerrville, Texas 78029-2002 ~ (830) 895-2265 • Fax (830) 895-2269
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