HomeMy WebLinkAboutCity of Tamarac Resolution R-82-367Introduced by illXf Temp.# 2402
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CITY OF TAMARAC, FLORIDA
RESOLUTION NO.
A RESOLUTION RELEASING A PERFORMANCE BOND
POSTED FOR PUBLIC IMPROVEMENTS BY H.L.R.,
INC.
F O R SPRING= II PRo=.L .
WHEREAS, H.L.R., INC. , as Principal,
a n d SAFECO INSURANCE COMPANY OF AMERICA , as Surety,
has filed with the City Bond No. 4161526 in the
amount of $491,619.50 to guarantee public improvements at
SPRINGLAKE II PROJECT.
WHEREAS, the City Engineer has found that the work has been
satisfactorily completed and has recommended release of said
bond upon receipt of a one-year warranty bond in the amount of
$ 68,506.37.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF TAMARAC,
FLORIDA:
SECTION 1: That the Bond No. 4161526 posted by
H.L.R., INC. , as Principal,
a n d SAFECO INSURANCE CCkTANY OF AM' —'PICA , as Surety, in
the amount of $491,619.50 for public improvements at SPRrr1GLAKE II
PROJECT is HEREBY RELEASED, subject to receipt
of a one-year warranty bond in the amount of $ 63,506.37
SECTION 2: This Resolution shall become effective immediately
upon adoption.
PASSED, ADOPTED AND APPROVED this �F� day of 1982
MAYOR
ATTEST:
ASS STANT CITY C ERK
I HEREBY CERTIFY hat I have
approved the for and correct-
ness o thi correct-
s or?
RECORD OF COUNCIL VOTE
MAYOR: , �l,Pi
DISTRICT 1:
DISTRICT 2:
DISTRICT 3:
DISTRICT 4: