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authorizing staff to make sight draft against Northern <br /> Trust, N.A. Irrevocable Standby Letter of Credit No . <br /> SLC500481 dated October 16, 2008 , as amended. <br /> Vice Chairman Davis sought and received an update from County Attorney Alan S . <br /> Polackwich, Sr. regarding why the County is calling the Letter of Credit. <br /> 8. F. AWARD OF BID NO: 2013007, INDIAN RIVER BOULEVARD RESURFACING <br /> (41 ST STREET TO 53RD STREET) IRC PROJECT N6. 1131 <br /> ON MOTION by Commissioner O ' Bryan, SECONDED <br /> by Commissioner Zorc, the Board unanimously: ( 1 ) <br /> approved the project be awarded to Community Asphalt <br /> Corporation, in the amount of $ 776,945 .42 ; (2) approved <br /> the sample agreement; and (3 )authorized the Chairman to <br /> execute said agreement after receipt and approval of the <br /> required Public Construction Bond and Certificate of <br /> Insurance, and after the County Attorney has approved the <br /> agreement as to form and legal sufficiency, all as <br /> recommended in the memorandum of November 14, 2012 . <br /> AGREEMENT ON FILE IN THE OFFICE OF THE CLERK TO THE BOARD <br /> 8. G. MISCELLANEOUS BUDGET AMENDMENT 003 <br /> ON MOTION by Commissioner O ' Bryan, SECONDED <br /> by Commissioner Zorc, the Board unanimously approved <br /> Resolution 2012= 120, amending the fiscal year 2012-2013 <br /> Budget, <br /> December 4, 2012 6 4 3 <br /> pG 2 5 <br />