Loading...
HomeMy WebLinkAboutCity of Tamarac Resolution (284)October 9, 2002 -Temp. Reso. 9897 Page 1 of 1 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-2002-284 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF TAMARAC, FLORIDA, AUTHORIZING THE APPROPRIATE CITY OFFICIALS TO RELEASE A WARRANTY BOND IN THE FORM OF LETTER OF GUARANTEE #LG-1012 FROM NATBANK, NA IN THE AMOUNT OF $2,156.25 POSTED BY ACTIVE SENIOR LIVING RESIDENCE, INC. FOR PAVING, SIDEWALK AND CURB IMPROVEMENTS LOCATED ON THE NORTH SIDE OF N.W. 57TH STREET BETWEEN N.W. 91ST AVENUE AND PINE ISLAND ROAD; PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, as part of the Active Senior Living Residence project, Active Senior Living Residence, Inc. has constructed paving, sidewalk and curb improvements in accordance with the Site Plan approved by the City Commission on March 25, 1998 through resolution number R-1998-88; and WHEREAS, Active Senior Living Residence, Inc. has filed with the City of Tamarac a Warranty Bond in the form of Letter of Guarantee #LG-1012, in the amount of $2,156.25 for paving, sidewalk and curb improvements located on the north side of N.W. 57th Street between N.W. 91st Avenue and Pine Island Road, a copy of said letter of guarantee attached hereto as Exhibit "A"; and WHEREAS, paving, sidewalk and curb improvements for the Active Senior Living Residence project have been inspected and found acceptable by the Public Works Engineering Division; and October 9, 2002 -Temp. Reso. 9897 Page 2 of 2 E WHEREAS, pursuant to City Code Section 10-156, this Public Improvement Warranty Bond in the form of Letter of Guarantee #LG-1012, has remained in place for the required one (1) year period; and WHEREAS, it is the recommendation of the Public Works Director and the Assistant City Engineer that this Public Improvement Warranty Bond be released; 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 this Warranty Bond in the form of Letter of Guarantee #LG-1012 in the amount of $2,156.25, posted by Active Senior Living Residence, Inc. for paving, sidewalk and curb 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 to release this Warranty Bond in the form of Letter of Guarantee #LG-1012, in the amount of $2,156.25 posted by Active Senior Living Residence, Inc. for paving, sidewalk and curb improvements located on the north side of N.W. 57th Street between N.W. 915t Avenue and Pine Island Road. Section 3: That all Resolutions or parts of resolutions in conflict herewith are hereby repealed to the extent of such conflict. October 9, 2002 -Temp. Reso. 9897 Page 3 of 3 L�' 1 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 9`" day ofOctober, 2002. ATTEST: o MARION SW NSON, CMC CITY CLERK I HEREBY CERTIFY that I have approved this RESOLUTION as to form. MITCHELL S. K CITY ATTORl' t 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 AYE EXHIBIT "A99 40 Temp. Reso. #9897 .., IRREVOCABLE LETTER OF GUARANTEE To: City of Tamarac Public Works 7525 NW 88- Avenue Tamarac, FL 33321,. No. LG-1012 At the request of Active Senior Liv.ina Residence 9057 NW 57h Street, Tamarac, FL 33351 (hereinafter called "our customer") , we, NatBank, NA located at 4031 Oakwood Blvd. Hol1Vw000C F !. 33020 hereby establish in your favor our Irrevocable Letter of Guarantee for an amount not exceeding -two thousand one hundred fifty --six 25/00 U.S. dollars ($2,156.25) to guarantee payment of the sums due to you by Active Senior- Living Residence --- on presentation of the original draft of this Letter of Guarantee. We shall honor your demand for Payment made in accordance with the terms herein, without inquiring whether you are entitled to make such demand upon completion of waor on said project and final county inspection, notwithstandirzc all and any disputes or objections between you and our customer. This Irrevocable Let"er of Guarantee is not transferable and shall remain in force until June 12, 2002 No claim shall be paid if received after such expiry date. correspondence and/or demands -,;hall be addressed to Natbank 90.31 Oakwood Boulevard, Hollywood, FL 33020, and shall. refer to our Irrevocable Letter of Guarantee No. LG--101-2. Executed at Pompano Beach, on the l2th day of June, 2001. FE F( 990 N. Federal Highway Pompano Beach, Florida 33062 Telephone: (954) 781-4005 7525 N.W. 88th Avenue, Tamarac, Florida 33321-2401 Telephone: (954) 724-1230 , Facsimile (954) 724-2454 Jeffrey L. Miller City Manager jeffm@tamarac.org Ms. Beth Tokarz-Besu President Active Senior Living Residence, Inc. 14450 Stirling Road Fort Lauderdale, FL 33330 Dear Ms. Tokarz-Besu October 10, 2002 I am pleased to advise you that at its meeting of October 9, 2002, the City Commission approved a resolution authorizing the release of a Warranty Bond in the form of Letter of Guarantee #LG-1012 from NATBANK, NA, in the amount of $2,156.25 for paving, sidewalk and curb improvements at the Active Senior Living Residence project located on the north side of NW 57th Street between NW 91 St Avenue and Pine Island Road. Enclosed is a copy of the approved resolution for your records as well as the original Warranty Bond. The City has enjoyed working with you on this project. If you have any questions or you need additional information, please feel free to contact Mauro Burgio, Assistant City Engineer, at (954) 724-2449. Sincerely, Je rey L. Miller City Manager JLM/bjr/TP9897 Copies: Mr. Raj Verma, Director of Public Works Mrs. Marion Swenson, City Clerk Enclosures Equal Opportunity Employer