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HomeMy WebLinkAboutCity of Tamarac Resolution (50)Temp. Reso. #9666 January 24, 2002 1 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-2002-50 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF TAMARAC, FLORIDA, AUTHORIZING THE APPROPRIATE CITY OFFICIALS TO RELEASE A PUBLIC IMPROVEMENT PERFORMANCE BOND IN THE FORM OF SURETY BOND #305848 FROM INTERNATIONAL FIDELITY INSURANCE COMPANY IN THE AMOUNT OF $60,794.00, SUBJECT TO THE RECEIPT OF A ONE-YEAR WARRANTY BOND IN THE AMOUNT OF $16,473.75 FOR THE WATER DISTRIBUTION AND SEWAGE COLLECTION SYSTEM IMPROVEMENTS INSTALLED BY TAMARAC HOTELS, INC., FOR THE COMFORT SUITES PROJECT LOCATED AT 8301 WEST COMMERCIAL BOULEVARD; PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, Tamarac Hotels, Inc., has constructed the Comfort Suites Project and installed the Water Distribution and Sewage Collection System Improvements in accordance with the Site Plan approved by the City Commission on December 13, 2000; and WHEREAS, the Water and Sewer Developer's Agreement accepted and executed by the City of Tamarac, requires Tamarac Hotels, Inc., to provide a Warranty Bond to the City of Tamarac for the Comfort Suites Project Water Distribution and Sewage Collection 1 Temp. Reso. #9666 January 24, 2002 2 System Improvements located at 8301 West Commercial Boulevard (a copy of which is attached hereto in map form as "Exhibit 1 "); and WHEREAS, Tamarac Hotels, Inc, has requested the release of a Public Improvement Performance Bond in the form of Surety Bond #305848 from International Fidelity Insurance Company in the amount of $60,794.00 (a copy of which is attached hereto as "Exhibit 2") subject to the receipt of a Warranty Bond in the amount of $16,473.75 to the City of Tamarac for the Water Distribution and Sewage Collection System Improvements installed for the Comfort Suites Project; and WHEREAS, the improvements were inspected, approved and are recommended for acceptance for a one-year warranty period by the Utilities Engineering Division; and WHEREAS, it is the recommendation of the Director of Utilities that the Public Improvement Performance Bond be released for the Comfort Suites Project Water Distribution and Sewage Collection System Improvements; and WHEREAS, the City Commission of the City of Tamarac, Florida deems it to be in the best interest of the citizens and residents of the City of Tamarac to release the Public Improvement Performance Bond subject to the receipt of a Warranty Bond from 1 Temp. Reso. #9666 January 24, 2002 3 Tamarac Hotels, Inc., for the Comfort Suites Project Water Distribution and Sewage Collection System Improvements. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF TAMARAC, FLORIDA, THAT: SECTION 1: The foregoing "WHEREAS" clauses are hereby ratified and confirmed as being true and correct and are hereby made a specific part of this resolution. SECTION 2: The appropriate City Officials are hereby authorized and directed to release to the Utilities Department for return to Tamarac Hotels, Inc., a Public Improvement Performance Bond in the form of Surety Bond #305848 in the amount of $60,794.00 subject to the receipt and acceptance of a Warranty Bond for the Water Distribution and Sewage Collection System Improvements in the amount of $16,473.75 for the Comfort Suites Project located at 8301 West Commercial Boulevard in accordance with Section 10-156 of the City Code. SECTION 3: All resolutions or parts of resolutions in conflict herewith are hereby repealed to the extent of such conflict. E Temp. Reso. #9666 January 24, 2002 4 SECTION 4: If any clause, section, other part or application of this Resolution is held by any court of competent jurisdiction to be unconstitutional or invalid, in part or application, it shall not affect the validity of the remaining portions or applications of this Resolution. SECTION 5: This Resolution shall become effective immediately upon its passage and adoption. PASSED, ADOPTED, AND APPROVED this 27'h day of February, 2002. 61" OE SCHREIBER MAYOR ATTEST: - RECORD OF COMMISSION VOTE: MARION S ENSON, CMC CITY CLERK MAYOR SCHREIBER five' DIST 1: COMM. PORTNER flyer DIST 2: COMM. MISHKIN Aye., I HEREBY CERTIFY that I DIST,3: V/M SULTANOF_Aye,, have approved this DIST 4: COMM. ROBERTS flyer RESOLUTION as to form. L MIXHELL S. T CITY ATTO JED/DM/mg EXHIBIT 1 TEMP. 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W FAIRWAYS61 Q ��' � BOARDWALK c 61 ST WALK APTS. 62 CT Q �!/ 59 PL 59 PL g u g� > w g ISLEST > a j > 61 ST W Q % Q 59 CT �- 59 CT Q j% Q (EDGE TER) } Z J uo MAINLANDS �" m % o > a Q y/ co 59 ST co UNIT 13 59 ST °D ON a^o a^o WATERSIDE 60 ST PL W •, w > ^� ^� ►- Q w w / ,.i� j F- a% MAI L NDS,'' aL58 jUN T 1 jj/� cN 58 CT / HEART❑FAND 58 ST a) CD d � j// 7 r 5g 5CT ao y! TAMARAC 57 DR w MAI LA DS U T r 1 s'� a ' !� ST qL / > 57 ]LN> FREE AVE ix W > / °° 57 PL 57 PL g 12 FAIR11 VE > cu f- m m j g m 7 1 % > Q 8741-8767 OFC. BLDG 57 ST !j n 57 CT 57 CT NW 57TH ST SITE W >< LOCATION z CHEVRON a CD OD COMMERCIAL BLVD, COMFORT-SUI,DWG COMFORT SUITES PERFORMANCE BOND RELEASE Exhibit 2 ?' Bond Number: 305848 ; SUBDIVISION IMPROVE E„t�'j" ERFQjj E A9NQ ' roject�l�a{n Comfort Suites ! kNOW+�AiL MEIN BY THESE PRESENTS: IThait Tamarac Hotels, Inc. r 2201 North Federal Highway " Fort Lauderdale, FL 33305 �tiav3ng srrt iaddress of ab Prir>cipats, and L International Fidelity Insurance Company heivirt gn addreasiof 1301 Hightower Trail, Suite 210, Atlanta, GA 303500 corporation, BXIStIr1J i 1 I under iW laJ4S of '0* State of Florida, and ha ing `her+etofdre Qornokd with .all the rec{uireme s(, of the l Wws of the Suste of Fiofilla: regulaft. the adrni lion of (such scor�or tid,� to tr8nsatt bltsiness In this State, as Surety, are h#ld And firmly bourid unto the' Cif o` tgOnarac of f3rovward County, a municipal domomfio of the State of Ronda, } !having janliaddress OV7525 Northwest 88Aven e, Tamarac, iFlorida, 33321 in file full arad lu5i Siam bf Sixty :Thousand. SeKaiL ea ,N MtX6UDollarS 6d,194.00) Jamiul rl'wtteyE bf (he united States of AM60ta, for � ich sum Well and tiul!y to be paid to :said'city Of T rno the said Principal and the id Surety dd hereby bind themselvez. their heirs; execistors;.'ajiifininistratprs, successors or assigns jespectively; �s ttie+,case mad+ b�. }o n ,:ar?d severally, firmMy by these presents: �NHERW. the said Principal is. requirei to famish Ile Perfbrnil; o load to r: guarar eel title instalfa6on of ptibllc improverr�ea.W as :indicated pn' the Celti�iecf EsttimaedlCost (focttitsit A attached) and on plans prepared by L.Susan ,Aland . an� apprgreci bj the btilrties Engineer orhis designee on 0 ! _ for . r• I i !' i { � ihe;_ ! �csnEd r : sup, � Protect and to 'comply with rec;oke�mrnisi of `iarmaac City code Section 1 a1 ss. �. 4 I CW 6f GUMOKZed to draw drafts' at SW adcmpani d by a sloned SMtD:ffWWft: for the Pity' of T"raid or its authorized repro that ..T,_he 4rawirg is due to 0, A.P EfaAjie to cormtruct the publib impmVLmantr4 completed and the 2. ltiist the Developer's obligations ha i Pe. nvt beCity of T-amaraO :has been notified Mat the t Wol will not 'be exwuk4. or That a wamnity bond that -I. bylamarad City COdd has notbee 0 %4ded.' rd :Thli i 'rd: iftWba.- autamUm9y renewed ffir- sucWSOW Pedods Of one ye2i Aiscilh jAe4 ibe;,Aald wet y and/or the said PrWpaf provide 6trifien notice -to fife CO mail of their Went to lemM* the mx-d herein: eAended, which 'notice must be ;provided at lemt sbety (80) d4,pdor to die aXP kafidn date of the t ;Original t" hero6n or. any one (1) year term, or �nls4s the: City of Tarnatac returns the J V Wder bf cmdn'together with natfio6rtion thlt it M:ay be "nsWd- Thi: s b-6h&"FreffMm` in full force uW iaproyw%ft have b6sm accepi*4 by the Cl* Coenrni 66 Eind *DpWked by a Warranty Bond �s• required by City Code Section 161 Z. WWWAM WW56ml�fK P*imr: sow I rmls WHEREOF,- the above bounden padjes have exe&ded their ir instrumentby - 4trod their 1 cofpOr and 3s W*O: and causing lheir author ng nj to the auft6rdy of..'6e ir governing - FeRmserdativeis -to! sign these preset, pursue bodies on Jhjsj 30th:-.' day,of January ,92001 AND S 00"N * my commisISMI santmMmik W.ED, * AN THEJPASitkdE 6F*:'' 11�(wan cco2sm *%7.0" EWm Jurie 06, M ) national F'd li Carol k. 1,Clim( :e*t 1 e Li y Insurance e Company ITnOter Attorney--tift-Fact 'Ke.le7.N e_1 V! Witness by: Sarah C. Bahn (jj�) i Crrly OF 7A, MA,FL4C UTfLITIES COST ES -MATE rot l P b++c Cosr %fee J. 'Total Fee'' vljm r Distribution - -` 8 25% S4 A Sewer Cgf*v.ian ', .. ti 5.25% T�TAl.S: S: a E kEE$ ARE NON•REF"I,JNGA�(�E• i CERTIFICATE: i • �y ' I I (tti8reby certify that t!}iy m • is trtie?a�dr caned to the bev:of rny•kn w►ed a ar{Ei 3. belief and ragresentst e II de dev�oo► mnt coats for the project !` ;s,' hula ,I�,..��:..i Er�ryy.�;v. may,• �.: • Public 1rnpr'pyomint;�C�oc na cs. 9*nd fror "by' abowe: Approval bry a,a Uti4 ng: n Date: i• H Tel (973) 624-7200 POWER OF ATTORNEY INTERNATIONAL FIDELITY INSURANCE COMPANY HOME OFFICE: ONE NEWARK CENTER, 20TH FLOOR NEWARK, NEW JERSEY 07102-5207 KNOW ALL MEN BY THESE PRESENTS: That INTERNATIONAL FIDELITY INSURANCE COMPANY, a corporation organized and existing laws of the State of New Jersey, and having its principal office in the City of Newark, New Jersey, does hereby constitute and appoint ANDREW C. HEANER, CYRA B. PETERSON Roswell, GA. its true and lawful auomey(s)-in-fact to execute, seal and deliver for and on its behalf as surety, any and all bonds and undertakings, contracts of indemnity and other writings obligatory in the nature thereof, which are or may be allowed, required or tmttted by law, stature, rule, regulation, contract or otherwise, and the execution of such instrument(s) in pursuance of these presents, shall be as binding upon the said INTERNATIONAL FIDELITY INSURANCE COMPANY, as fully and amply, to all intents and purposes, as if the same had been duly executed and acknowledged by its regularly elected officers at its principal office. Attorney ytion By-Laws_op of DirectorPower of INTERNATIONAL FIDELITY INSURANCErPCOuMPANY at aymeeting called Article held on the 7ih dayeof Feruary, 1974 by �e Board of The President or any Vice President. Executive Vice President, Secretary or Assistant Secretary, shall have power and authority (1) To appoint Attorneys -in -fact, and to authorize them to execute on behalf of the Company, and attach the Seal of the Company thereto, bonds and undertakings, contracts of indemnity and other writings obligatory in the nature thereof and, (2) To remove, at any time, any such attorney -in -fact and revoke the authority given. Further, this Power of Attorney is signed and sealed by facsimile pursuant to resolution of the Board of Directors of said Company adopted at a meeting duly called and held on the 29th day of April, 1982 of which the following is a true excerpt: Now therefore the signatures of such officers and the seal of the Company may be affixed to any such power of attorney or any certificate relating thereto by facsimile, and any such power of attorney or certificate bearing such facsimile signatures or facsimile seal shall be valid and binding upon the Company and any such power so executed and certified by facsimile signatures and facsimile seal shall be valid and binding upon the Company in the future with respect to any bond or undertaking to which it is attached. ITY /Nf IN TESTIMONY WHEREOF, INTERNATIONAL FIDELITY INSURANCE COMPANY has caused this instrument to be O�O�r�/w= signed and its corporate seal to be affixed by its authorized officer, this 31st day of August, A.D. 1999. T>/ INTERNATIONAL FIDELITY INSURANCE CO NY SEAL tr++ STATE OF NEW JERSEY 9� County of Essex , `cNi/jr �a Secreta On this 3lst day of August 1998, before me came the individual who executed the pprreceding instrument, to me personally NCE COMPANY and, beithe g by ame duly sworn, said the he is the therein described and authorized officer of the INTERNATIONAL FIDELITY INS to said instrument is the Corporate Seal of said Company; that the said Corporate Seal and his signature were duly affixed by order of the Board of Directors of said Company. C�IA IN TESTIMONY WHEREOF, I have hereunto set my hand affixed my Official Seal, at the City of Newark, New Jersey the day and year fiabove written. M A NOTARY PUBLIC OF NEW JERSEY CERTIFICATION My Commission Expires Nov. 21. 2000 I, the undersigned officer of INTERNATIONAL FIDELITY INSURANCE COMPANY do hereby certify that I have compared the foregoing copy of the Power of Attorney and affidavit, and the copy of the Section of the By -Laws of said Company as set forth in said Power of Attorney, with the ORIGINALS ON IN THE HOME OFFICE OF SAID COMPANY, and that the same are correct transc iptc ihereof, and of the whole of the said originals, and that the said Power of Attorney has not been revoked and is now in full force and effect I.N TESTIMMONY WHEREOF, I have hereunto set my hand this 30 th day of January, 2001. A 00, (.0��