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AI- 39614
Urban County   17.G.
CC REGULAR
Meeting Date:
07/17/2013
Submitted For:
Monica Leal
Submitted By:
Mary Flores, URBAN COUNTY
Department:
URBAN COUNTY

Information

CAPTION

Requesting approval to authorize Urban County Program Director to sign Exhibit “A" (Irrevocable Directive of Draw Proceeds) of a Master Disbursement Agreement for Castle Enterprises, LLC to employ the services of a disbursement agent, Aacon, Inc., for the Precinct No. 1 Street Improvements Project (Saenz Ave).

BACKGROUND

Precedent to issuing the Payment and Performance Bond Hidalgo County acting by and through Hidalgo County Urban County Program, hereinafter called the “OWNER" shall direct or shall cause all contract funds, including, but not limited to retainage, interest, change orders modifications or claim proceeds, if any to be deposited into a Project Specific Disbursement Account that has been established by Aacon, Inc. (See attached Agreement.)


Fiscal Impact

Attachments

Form Review

Inbox Reviewed By Date
Budget and Management Obdett Calzada 07/10/2013 09:16 AM
Purchasing / Internal Monica Salinas 07/12/2013 05:55 PM
Form Started By:
Melissa Flores
Started On:
07/09/2013 04:03 PM
Final Approval Date:
07/12/2013