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A CHECK FROM LAUREL BUILDERS, INC. FOR $94,745.15. HE ADVISED THE <br />BOARD HE HAS A LETTER DATED FEBRUARY 25TH FROM DICKERSON, INC. <br />VERIFYING THAT THEY HAVE A VALID CONTRACT WITH LAUREL BUILDERS, INC., <br />AND A LETTER DATED FEBRUARY 29TH FROM LAUREL BUILDERS, INC. WITH AN <br />ESCALATION CLAUSE STATING THEY WILL PAY THE DIFFERENCE IF THE BOND <br />IS NOT HIGH ENOUGH. THE ADMINISTRATOR SUGGESTED THE BOARD MAKE THE <br />ESCALATION CLAUSE A STANDARD REQUIREMENT IN THE REGULATIONS AND THAT <br />THE CONTRACTORS BE BONDED, AS HE WOULD LIKE TO SEE THE COUNTY PROTECTED <br />IN ALL WAYS. <br />DISCUSSION FOLLOWED REGARDING THE STREET LIGHTING DISTRICT, <br />BUT THE ATTORNEY FELT THIS SHOULD BE HANDLED SEPARATELY. HE ADDED <br />THAT THERE ARE EASEMENTS PROVIDED FOR THE LIGHTING, BUT ALL WE ARE <br />TALKING.ABOUT RIGHT NOW IS THE PLAT. <br />ON POTION BY COMMISSIONER Loy, SECONDED BY COMMISSIONER <br />WODTKE, THE BOARD UNANIMOUSLY GRANTED FINAL APPROVAL OF LAURELWOOD <br />SUBDIVISION, UNIT N0. 3, AS RECOMMENDED BY THE ADMINISTRATOR AND <br />THE ATTORNEY, AS TO THE FEBRUARY 25TH LETTER FROM DICKERSON, INC., <br />AND THE FEBRUARY 29TH LETTER FROM LAUREL HOMES, INC., AND AUTHORIZED <br />THE SIGNATURE OF THE CHAIRMAN FOR THE TRI -PARTY ESCROW AGREEMENT, <br />AND THE PLAT. <br />B' ; " <br />LIAR 5 30 <br />1990 � ¢: °42 �:� <br />