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HomeMy WebLinkAboutCity of Tamarac Resolution R-94-0201 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26I 27 28 29 30 31 32 33 34 35 Temp. Reso. # 6634 CITY OF TAMARAC, FLORIDA RESOLUTION R-94 -AC) A RESOLUTION RELEASING A PERFORMANCE BOND POSTED FOR THE SEWAGE COLLECTION SYSTEM IMPROVEMENTS FOR KINGS POINT TRENT PHASE II PROJECT; PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE - WHEREAS, Lennar Homes, Inc., as Principal, with COMERICA, as Surety, has filed with the City performance Letter of Credit No. 518289 in the amount of $5,639.00 to guarantee the sewage collection system improvements at Kings Point Trent Phase II Project; and WHEREAS, the City Engineering Department has found that the work has been satisfactorily completed and has recommended release of said performance bond upon receipt of a one-year warranty bond in the amount of $1,965.63. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF TAMARAC, FLORIDA: USES=TTQN 1: That performance Letter of Credit No. 518289 posted by Lennar Homes, Inc., as Principal, with COMERICA, as Surety, in the amount of $5,639.00 posted for the sewage collection system improvements at Kings Point Trent Phase II project, is HEREBY RELEASED, subject to receipt of a one-year warranty bond in the amount of $1,965.62. All Resolutions or parts of Resolutions in conflict herewith are hereby repealed to the extent of such conflict. SECT,]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. 1 2 3 4 i 7 9 10 11 12 13 14 Temp. Reso. # 6634 SEQIIQN • This Resolution shall become effective immediately upon its passage and adoption. VE- PASSED, ADOPTED AND APPROVED this 9 day of , 1994. L. BENDER MAYOR ATTEST: CAROL A. EVANS,CMC CITY CLERK I HEREBY CERTIFY that I have appr ed this Resolution//J as t o . 1 A / CITY ATTORNEY MAYOR DIST 1: DIST. 2: DIST. 3: DIST. 4: RECORD OF COUNCIL VOTE