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HomeMy WebLinkAboutCity of Tamarac Resolution R-94-0721 2 3 tl 5 6 7 8 9 its] 11411 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 Temp. Reso. # CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-94- %Z' A RESOLUTION RELEASING A PERFORMANCE BOND POSTED FOR PUBLIC IMPROVEMENTS BY CENTEX REAL ESTATE, BOND NO. 11132606184 IN THE AMOUNT OF $18,933.28;FOR N.W. 64TH AVENUE IMPROVEMENTS; PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, CENTEX HOMES as Principal, with CENTEX REAL ESTATE CORPORATION AND THE AMERICAN INSURANCE COMPANY as Surety, has filed with the City performance Bond No. 11132606184 in the amount of $18,933.28 to guarantee public improvements at N.W. 64th Avenue; and WHEREAS, the City Engineering Division 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 $4,986.15; and WHEREAS, the City Council of the City of Tamarac, Florida deems it to be in the best interests of the citizens and residents of the City of Tamarac to release this performance bond. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF TAMARAC, FLORIDA: Section 1: That the performance Bond No. 11132606184 posted by CENTEX HOMES, as Principal, with CENTEX REAL ESTATE CORPORATION AND THE AMERICAN INSURANCE COMPANY, as Surety, in the amount of $18,933.28 for public improvements at N.W. 64th Avenue is HEREBY RELEASED, subject to receipt of a one-year warranty bond in the amount of $4,986.15. Section 2 All Resolutions or parts of Resolutions in conflict herewith are hereby repealed to the extent of such conflict. -1- 1 2 3 WIl 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27' 281 29 30 31 32 33 34 35 aection 3: 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. This Resolution shall become effective immediately upon adoption. PASSED, ADOPTED AND APPROVED this —ZL—day of 1994. NORMAN ABRAMOWIT MAYOR ATTEST: CAROL A. EVANS, CMC CITY CLERK I HEREBY CERTIFY that have aroved this Resol ion s to form. MITCHELL . .CITY AT OF (centex) T RECORD OF COUNCIL VOTE MAYOR ABRAMOWITZ DIST.1: V ! DIST. 2: C /� 1N DIST. 3: C / M SCHREBER DIST. 4: C / W MACHEK Iwa