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HomeMy WebLinkAboutCity of Tamarac Resolution R-93-1153 4 5 b III 101 11 3 2 3 4 S 6 7 11 Temp. Reso. #6538 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-93- Ik�5 A RESOLUTION RELEASING A WARRANTY BOND POSTED FOR THE WATER DISTRIBUTION SYSTEM IMPROVEMENTS BY LENNAR HOMES, INC., FOR THE KINGS POINT RECREATION COMPLEX; AND PRO- VIDING AN EFFECTIVE DATE. WHEREAS, Lennar Homes, Inc., as Principal, and NCNB, as Surety, has filed with the City Letter of Credit No.16583 in the amount of $7,542.50 posted for the water distribution system improvements for the Kings Point Recreation Complex; and WHEREAS, the City Engineering Department has recommended release of said warranty bond. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF TAMARAC, FLORIDA: SECTION 1c That Letter of Credit No. 16583 posted by Lennar Homes, Inc., as Principal, and NCNB, as Surety, in the amount of $7,542.50 posted for the water distribution system improvements for the Kings Point Recreation Complex, is HEREBY RELEASED. SECTION 2: This Resolution shall become effective immediately upon adoption. PASSED, ADOPTED AND APPROVED this, day of 1993. L. BENDER MAYOR -- ATTEST: CAROL A. VANS CITY CLERK I HIrfoo BY ERTIFY that ap ed his Re olu t m. _ A / � CITYATTORNEY ave as MAYQq DIST 1: DIST. 2: DIST. 3: GIST. 4: w1•�� w1 VOTE