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• <br />U Atlantic Coast Enterprises. Ina Sand Mine - Phase V - Cash <br />Dgposit and Escrow Agreement <br />The Board reviewed a Memorandum of September 23, 1999: <br />TO: The Board of County Commissioners <br />FROM: L;.7' William G. Collins II - Deputy County Attorney <br />DATE: September 23, 1999 <br />SUBJECT: Approval of Cash Deposit and Escrow Agreement for Phase V of <br />Atlantic Coast Enterprises, Inc. Sand Mine <br />Atlantic Coast Enterprises, Inc. wishes to move into Phase V of its sand mine <br />and has posted the necessary mining bonds and executed the attached Cash <br />Deposit and Escrow Agreement. <br />RECOMMENDED ACTION: <br />Please approve the attached Cash Deposit and Escrow Agreement (SP -MA -95- <br />04-17) for Phase V and authorize the Chairman to execute same. <br />ON MOTION by Commissioner Adams, SECONDED BY <br />Commissioner Ginn, the Board unanimously (4-0, <br />Commissioner Stanbridge absent) approved the Cash Deposit <br />and Escrow Agreement (SP -MA -95-04-17) with Atlantic Coast <br />Enterprises, Inc., for Phase V of its sand mine and authorized <br />the Chairman to execute same, as recommended in the <br />memorandum. <br />October 19, 1999 <br />33 <br />• <br />800X iii FAGS` 69 <br />