HomeMy WebLinkAboutCity of Tamarac Resolution (226)Temp. Reso. #9875 - August 19, 2002
Page 1
Rev. #1 - 8/20/02
CITY OF TAMARAC, FLORIDA
RESOLUTION NO. R-2002 -226
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 AN IRREVOCABLE STANDBY LETTER OF CREDIT
#3035851 IN THE AMOUNT OF $22,300.00 FOR THE
CLEARING AND GRUBBING OF THE MCNAB ROAD
PARK PROPERTY LOCATED AT THE WESTERN END OF
MCNAB ROAD, EAST OF THE SAWGRASS
EXPRESSWAY; AUTHORIZING THE APPROPRIATE CITY
OFFICIALS TO WAIVE THE REQUIREMENT FOR THE
RECEIPT OF A ONE-YEAR WARRANTY BOND;
AUTHORIZING THE CITY CLERK TO RELEASE
IRREVOCABLE STANDBY LETTER OF CREDIT #3035851;
PROVIDING FOR CONFLICTS; PROVIDING FOR
SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE
DATE.
WHEREAS, SB Tamarac Commerce Center, LLC and NB Tamarac Commerce
Center, LLC, has completed the clearing and grubbing of the McNab Road Park
Property, located at the western end of McNab Road, east of the Sawgrass Expressway
(attached hereto in map form as "Exhibit 1 "); and
WHEREAS, the terms of section 10-156 of the City Code required SB Tamarac
Commerce Center, LLC and NB Tamarac Commerce Center, LLC, to provide a Public
Improvement Performance Bond to the City of Tamarac (a copy of which is attached
hereto as "Exhibit 2") for the McNab Road Park property clearing and grubbing; and
WHEREAS, Section 10-156 requires that a one-year Warranty Bond be issued
upon release of the Public Performance Bond; and
WHEREAS, the one-year Warranty Bond for this Project would be in the amount
of $5,575.00; and
Temp. Reso. #9875 - August 19, 2002
Page 2
Rev. #1 - 8/20/02
WHEREAS, SB Tamarac Commerce Center, LLC and NB Tamarac Commerce
Center, LLC, has requested release of the Public Performance Bond in the form of
Irrevocable Standby Letter of Credit #3035851 in the amount of $22,300.00; and
WHEREAS, the clearing and grubbing of the McNab Road Park property has
been inspected and has been approved as being satisfactory by the Parks and
Recreation Director and the City Engineer; and
WHEREAS, construction will begin on the development of the McNab Road Park
property, the Parks and Recreation Department and Engineering Division are
requesting the requirement for the receipt of a one-year warranty bond in the amount of
$5,575.00 required by City Code Section 10-156 be waived; and
WHEREAS, it is the recommendation of the Director of Parks and Recreation
and City Engineer that the Public Improvement Performance Bond be released for the
McNab Road Park Property clearing and grubbing and that the one-year Warranty Bond
requirement be waived; 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 Performance Bond from SB Tamarac Commerce Center, LLC and NB Tamarac
Commerce Center, LLC, for the clearing and grubbing of the McNab Road Park
property and to waive the requirement for the receipt of a one-year Warranty Bond.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE
CITY OF TAMARAC, FLORIDA:
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 upon adoption hereof.
Temp. Reso. #9875 - August 19, 2002
Page 3
Rev. #1 - 8/20/02
SECTION 2: The appropriate City Officials are hereby authorized to release the
Public Improvement Performance Bond in the amount of $22,300.00 for the clearing
and grubbing of the McNab Road Park property.
SECTION 3: The requirements for receipt of a one-year warranty bond for the
clearing and grubbing of the McNab Road Park property is hereby waived.
SECTION 4: The City Clerk is hereby authorized and directed to release to the
Parks and Recreation Department for return to SB Tamarac Commerce Center, LLC
and NB Tamarac Commerce Center, LLC, the Public Improvement Bond for the clearing
and grubbing of the McNab Road Park property. The bond is in the form of an
Irrevocable Standby Letter of Credit #3035851 in the amount of $22,300.00 for the
clearing and grubbing of the McNab Road Park property located at the western end of
McNab Road, east of the Sawgrass Expressway.
SECTION 5: All resolutions or parts of resolutions in conflict herewith are hereby
repealed to the extent of such conflict.
SECTION 6: 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.
1
Temp. Reso. #9875 - August 19, 2002
Page 4
Rev. #1 - 8/20/02
SECTION 7: This Resolution shall become effective immediately upon its
passage and adoption.
PASSED, ADOPTED AND APPROVED this 28th day of August, 2002.
/_1i9:110i
Marion Swenson, CMC
City Clerk
I HEREBY CERTIFY that I hae
approved,tfiis RESOLUTIO vs to form.
TCHEL S. RAFT
CITY ATTURNEY
�r
JOE SCHREIBER
MAYOR
RECORD OF COMMISSION VOTE
MAYOR SCHREIBER
AYE
DIST 1: V/M PORTNER
AYE
DIST 2: COMM. MISHKIN
AYE
DIST 3: COMM. SULTANOF
AYE
DIST 4: COMM. ROBERTS
ABSENT
Ll
Terap. Reso. #9875
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