HomeMy WebLinkAboutCity of Tamarac Resolution R-82-216ntroduced by�
Temp.# 2395
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CITY OF TAMARAC, FLORIDA
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RESOLUTION NO.
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A RESOLUTION RELE"SING A PERFORMANCE BOND
4 POSTED FOR DISTALLATION OF N.W. 72 STREET BY
NOMNDA-DEVCO JOINT NMNTr RE
5 F 0 R Mam PLAZA NMTLH
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WHEREAS, 11ORANDA--DEVC0 JOINT VENTURE as Principal,
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n d FIRST NATM AL BANK OF GREATER r7MMI , as Surety,
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as filed with
the City Letter of Credit Sao. 407
in the
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[mount
-of $ 34,432.50
to guarantee the: installation of
N.W. 72 Street for
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.0
MC^1AB PI AZA NOR li
WHEREAS,
the City Engineer has found that the
work has been
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satisfactorily
completed and has recommended release
of said ;,etj�e of
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credilupon receipt
of a one-year warranty bond in the
amount of
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13.
3,608.12.
OW, THEREFORE,
BE IT RESOLVED BY THE COUNCIL OF THE
CITY OF TAMARAC,
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11FLORIDA:
SECTION 1 : That the Letter of credit vo. 407 posted by
rp
- NORANDA DEVCO JOINT VEMMIRE , as Principal ,
20 and FIRST NATI9,i'ML BA-NTK OF GREATER PIL MI , as Surety, in
21 the amount of $ 34, 432.50 f 0 r the installation of N.W. 72 Street for
MWO PLAZA NORTIi is HEREBY RELEASED, subject to receipt
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23 f a one-year warranty bond in the amount of $ 8,608.12.
24 SECTION 2: This Resolution shall become effective immediately
23 upon adoption.
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PASSED, ADOPTED AND APPROVED this day of 1'982.
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291
ATTEST:
ASSISTANT CITY CLERK
32 I HEREBY CERTIFY that I have
approved the form /and correct-
33 ness of -,his RESOLUTION.
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MAYORR
DISTRICT
DISTRICT
DISTRICT
DISTRICT
MAYOR
RECORD OF COUNCIL VOTE