Requesting approval to authorize Urban County Program Director to sign Exhibit “B" (Payment Direction Agreement) for RDH Site and Concrete, LLC. This will authorize the contractor to employ the services of a disbursement agent (Maguire Insurance Agency Inc.) an underwriting manager for Philadelphia Indemnity Insurance Company, for the Precinct No. 1 Street Improvements project Old La Blanca Road (Mile 10 N. Rd.). 

 Prior to Contractor obtaining the Payment and Performance Bond for this project, the contractor must first obtain the owner’s, (Hidalgo County) acting by and through Hidalgo County Urban County Program a Payment Direction Agreement, which authorizes the Obligee to remit payments due to contractor directly to Bank of America Merrill Lynch, Global Custody and Agency Services (“Escrow Agent”). (See attached Exhibit B.)