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HomeMy WebLinkAboutCity of Tamarac Resolution R-92-184Temp. Reso. #6381 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-92- A RESOLUTION RELEASING A PERFORMANCE BOND POSTED FOR DRAINAGE FACILITIES BY UNITED UNDERGROUND CONTRACTOR CORPORATION FOR THE TRACT 27 SPORTS COMPLEX; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, United Underground Contractor Corporation, as Principal, and American Bonding Company, as Surety, has filed with the City performance Bond No. 9210936 in the amount of $9,999.00 to guarantee drainage facilities at the Tract 27 Sports Complex; 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 $ 2,499.75. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL .OF THE CITY OF TAMARAC, FLORIDA: SECTION 1: That performance Bond No. 9210936 posted by United Underground Corporation, as Principal, and American Bonding Company, as Surety, in the amount of $9,999.00 posted for drainage facilities at the Tract 27 Sports Complex is HEREBY RELEASED, subject to receipt of a one-year warranty bond in the amount of $2,499.75. SECTION 2: This Resolution shall become effective immediately upon adoption. PASSED, ADOPTED AND APPROVED thisDday of n0Vf_H-b9,f 1992. AT EST: CAROL A. EVANS CITY CLERK I HEREBY CERTIFY that I have a roved this Re olution as 0 ormaL M TC ELL T CITY ATTOR E jV H. L. BENDER - MAYOR RECORD OF COUNCIL, VOTE MAYOR BENDER DISTRICT 1; /M K&TZ DISTRICT 2: V/M C MA DISTRICT 3: / R DISTRICT 4: C/M ABRAMOW 1TZ