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provided that by the close of business: (5:00 p.m.) on <br />October 9, 2012, the prerequisite nonrefundable extension <br />fee of $445.00 is paid, and that the County receives either <br />$26,647.50 cash (in the form of a certified check) or an <br />acceptable amendment to Marine Bank and Trust <br />Company Irrevocable Letter of Credit No. 201046, in the <br />amount of $26,647.50, extending. the expiration date -to <br />October 11, 2014, which date is 90 days beyond the <br />requested extension completion date. If cash is posted as <br />n alternative to an amendment to the existing Letter of <br />Credit, staff requests that the Board additionally authorize <br />the Chairman to execute a Cash Deposit and Escrow <br />Agreement. If acceptable security is not in place, staff is <br />authorized to call the existing Letter of Credit before its <br />expiration date of October 11, 2012, as recommended in <br />the memorandum of October 3, 2012. <br />MODIFICATION ON FILE IN THE OFFICE OF THE CLERK TO THE BOARD <br />AGENCIES -NONE <br />10. PUBLIC ITEMS <br />IO.A. PUBLICHEARING(S) <br />IO.A.I..REOUEST TO MODIFYA CONDITION OF THE SPECL4L EXCEPTION <br />USE APPROVAL FOR THE GRACE LUTHERAN CHILD CARE/PRESCHOOL <br />FACILITYAT 11 SO 41 ST AVENUE (QUASImJUDICIAL) <br />