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HomeMy WebLinkAboutCity of Tamarac Resolution R-90-037Temp. Reso. #5686 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-90- A RESOLUTION RELEASING A PERFORMANCE BOND POSTED FOR PUBLIC IMPROVEMENTS BY ATLANTIC NATIONAL BANK OF FLORIDA FOR ATLANTIC BANK N/K/A FIRST UNION, LOCATED AT 7201 W. MCNAB ROAD, TAMARAC; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, Atlantic National Bank of Florida, has filed with 9 the City Letter of Credit No. 522 in the amount of $5,462.91 to 10 guarantee public improvements at Atlantic Bank N/K/A First Union, located at 7201 W. McNab Road, Tamarac; and 12 WHEREAS, the City Engineering Department has found that the 13 work has been satisfactorily completed and has recommended release 14 of said bond upon receipt of a one-year warranty bond in the amount 15 of $1,365.73. 16 NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF 17 TAMARAC, FLORIDA; 18 SECTION 1.: That the Letter of Credit No. 522 posted by Atlantic National Bank of Florida, in the amount of $5,462.91 for public improvements at Atlantic Bank N/K/A First Union is HEREBY 21 RELEASED, subject to receipt of a one --year warranty bond in the 22 amount of $1,365.73. 23 SECTION 2: This Resolution shall become effective upon 24 25 26 27 adoption. PASSED, ADOPTED AND APPROVED this / �L day of 1990. ATTEST: 29 30 CAROL A. EVANS CITY CLERK 37 I HEREBY CERTIFY that. I have approved this RESOLUTION as to form. 34 AtAX F. RU 35 INTERIM Y ATTORNEY �NORMAN ABRAMOWITZ MAYOR RECORD OF COUNCIL VOTE MAYOR &BwRAM2W�ITZ t DISTRICT 1: H ,�.. DISTRICT 2: �— DISTRICT I C DISTRICT 4: V/M BENDER