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HomeMy WebLinkAboutCity of Tamarac Resolution R-90-0181 2 Temp. Reso. #5652 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-90--2 A RESOLUTION RELEASING A WARRANTY BOND POSTED FOR PUBLIC IMPROVEMENTS BY PINE ISLAND OXFORD LIMITED PARTNERSHIP, FOR THE HIDDEN HARBOUR PROJECT; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, Pine Island Oxford Limited Partnership, as Principal, and The Travelers Indemnity Company, as Surety, has filed with the City a warranty bond in the amount of $99,985.00 posted for public improvements for the Hidden Harbour project; and WHEREAS, the City Engineering Department has found that the work has been satisfactorily completed and has recommended release of said bond. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF TAMARAC, FLORIDA: SECTION 1: That the warranty bond posted by Pine Island Oxford Limited Partnership, as Principal, and The Travelers Indemnity Company, as Surety, in the amount of $99,985.00 for public improvements for the Hidden Harbour project, is HEREBY RELEASED. SECTION 2: This Resolution shall become effective immediately upon adoption. PASSED, ADOPTED AND APPROVED thisv2i day of ,1990. ATTEST: CAROL A. EVANS CITY CLERK I HEREBY CERTIFY that I have approved this ution as to m. ALA F. RU INTERIM C Y ATTORNEY NORMAN ABRAMOWITZ MAYOR RECORD OF COUNCILVOTIE MAYOR ABRAMOWI DISTRICT 1: C I R H DISTRICT 2: M SUUMIL &4,e— DISTRICT I C/M,H�A DISTRICT 4: V/M BENDS I REVISED 1/23/90 2 Temp. Reso. #5667 3 CITY OF TAMARAC, FLORIDA 4 RESOLUTION NO. R-90- 17 5 A RESOLUTION RELEASING A PERFORMANCE BOND POSTED FOR PUBLIC IMPROVEMENTS 6 BY JOHN M. LOEFFLER FOR TAMARAC PARK SHOPPING CENTER; AND PROVIDING AN EFFECTIVE DATE. 9 10 11 12 13 14 15 16 17 18 1 2 21 22 23 24 25 26 27 28 29 30 3' 3 33 34 35 WHEREAS, John M. Loeffler has filed with the City a per- formance bond in the form of Pass Book Account No. 700428 issued by Hollywood Federal Savings and Loan in the amount of $18,327.00 to guarantee public improvements at Tamarac Park Shopping Center; and WHEREAS, the City Engineering Department has found that the work has been satisfactorily completed and has recommended release of said bond without requiring a warranty bond as the one-year warranty period has already been satisfied in that the project was completed more than one year ago. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF TAMARAC, FLORIDA: SECTION 1: That the performance bond posted by John M. Loeffler in the form of Pass Book Account No. 700428 issued by Hollywood Federal Savings and Loan in the amount of $18,327.00 for public improvements at Tamarac Park Shopping Center is HEREBY RELEASED without requiring a warranty bond as the one-year warranty period has already been satisfied in that the project was completed more than one year ago. SECTION 2: This Resolution shall become effective immediately upon adoption. PASSED, ADOPTED AND APPROVED this V-day of;1',- , 1990. ATTEST: CAROL A. EVANS CITY CLERK I HEREBY CERTIFY that I have approved this eso ion as to rm. ALAN F RUF INTERIM CITY A ORNEY U RMAN ABRAMOWITZ MAYOR RECORD OF COUNCIL VOT MAYOR AIM&M.OWIIZ DISTRICT 1: gaL MiR_ DISTRICT 2: DISTRICT 3: M H DISTRICT 4: V1V M NDER ,�„