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Pat Murray, representing the developers of Seagrove <br />Subdivision, informed the Board that the contractor already <br />has been paid the first draw of about $38,000 and now is <br />ready for the second draw, which is less than $70,000. <br />There is a loo retainage. <br />Discussion continued in regard to being assured that <br />there will be sufficient,monies retained to complete the <br />project, and Commissioner Scurlock noted that is why the <br />Motion is contingent on Mr. Davis' verification that 43% of <br />the work has been completed. <br />Mrs. Murray believed that, -at this time, actually <br />closer to 60% of the work has been completed. <br />THE CHAIRMAN CALLED FOR THE QUESTION. <br />It was voted on and carried unanimously. <br />7 5. ion <br />MAR 2 3 1983 <br />