Coppell Heights 9-CS100127U MetroBank, N. A.
Letter of Credit .Department
960 Bellaire Blvd., Suite 252
/ gouston 9 Texas 77036
IRREVOCABLE STANDBY LETTER OF CREDIT INTO. SBMP-
xxxxxxxx
San. .. , 701 o
Beneficiary:
City of Coppell
255 Parkway, P O box 9478
Coppell, Tx 75019
Re. Constructioniof Coppell He 4ts 4de(;t1'6n,4t 915 C
Lf,*A £e
Standby 1A of Credit No: SBMB-xxxxxxx
Applicant: MJR Engineering, Inc. r
Expiration Date: ice -H - -- "Two years'Frbou olQte, &f tina1 &ceePts,i►ct—leltct
� r OM City
Gentlemen:
We, MetroBank N.A. Houston Tex as hereby establish our Irrevocable
Standby Letter of Credit No. SBMP -xxxx in your favor and for account of
MJR Engineering, Inc for an aggregate amount of US$30,400.00 (U.S.
Dollars Thirty Thousand Four Hundred and 00 /100 Only), available to
Beneficiary by draft drawn at sight on MetroBank N.A. Houston, Texas
accompanied by the following documents:
1. A Signed statement by the City Manager of the City of Coppell or the
City Manager's designee, stating that' "we certify that MJR
Engineering, Inc. has failed to fulfill their contractual obligations
under the constructiont(f. va ra M a hts.
And 1�
2. The original of this Standy Letter of Credit and Amendments, if any.
by
Page 1 of 2
Page 2 of 2
MetroBank, N. A.
Letter of Credit Department
9600 Bellaire Blvd., .Suite 252
Houston, Texas 77036
Irrevocable Standby Letter Of Credit
NO. SBMP- 93500290
City of Coppell
Additional Conditions:
1 Partial draws under this Letter of Credit are allowed.
2 Draft drawn under this Standby Letter of Credit must bear the
following clause:
"Drawn under MetroBank N.A. Houston Texas Letter of Credit No.
SBMP- xxxxxx dated Dec. xx, 2009
We hereby engage with you. that all drafts drawn under and in compliance
with the terms of this credit, will be duly honored if presented at this office
(9600 Bellaire Blvd. Suite 252, Houston, Texas 77036) on or before wee.
Te rafliDn date (tw �learsfrom date OR Vr4( aeceP'raMte—
I fro M d I}y.
',jr, This Standby Letter of Credit is subject to "The (,uniform Customs and
Q„Pw� P ice for D6cumentary Credits (2007 Revision) International Chamber
of Commerce Publication
No. 600.
MetroBank, N. A.
Authorized Signature Authorized Signature
Stephen Liao /V.P. Judy Huang/Banking Officer
M LH En g^
New Construction & Engineering - Environmental Services
DATE: DEC 21, 2009
SITE: 920 S BELT LINE, COPPELL, TX
PAVEMENT DETAILS
3 DRIVEWAY APPROACHES & SIDEWALK (TOTAL APPROX CONCRETE AREA = 5260 SFT)
COST OF MATERIALS
$13,150.00
LABOR
$6,575.00
TOTAL
$19,725.00
MEDIAN OPENING (APPROXIMATE PAVEMENT AREA 4260 SQ FT)
LIME TREATMENT
$1,770.00
COST OF CONCRETE MATERIALS
$12,780.00
BARRICADE
$5,400.00
LABOR
$8,200.00
TOTAL
$28,150.00
STAMPED CONCRETE (APPROXIMATE CONCRETE AREA 1100 SFT)
COST OF MATERIALS
$7,975.00
LABOR
$4,950.00
TOTAL
$12,925.00
GRAND TOTAL $60,800.00
www.mjrconstructions.com
p :469.544.8150 1 f: 972.767.3003 LLmlamal6l@gmail.com I 795 Pinkerton Ct. P lano , Texas 75025