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HomeMy WebLinkAboutCity of Tamarac Resolution R-85-116Introduced by TevV, R.eso; ##3578 CITY OF TAMARAC, FLORIDA RESOLUTION NO: R-85:& A RESOLI1rION RELEASING TWO (2) PERFORMANCE BONDS POSTED FOR PUBLIC IMPROVEMOT BY MIKE S. AND GORGE S. GIOURGAS FOR FORGET BUILDING; AND PROVIDING AN FIVE DATE. WHEREAS, Mike S. and George S. Giourgas, as Principal, and and NCNB National Bank of Florida, as Surety, has filed with the City Certifi- cates of Deposit No: 1000094 in the amount of $3,200.00 and No: 1040179 in the amount of $2,725.00 to guarantee public improvements at Forget Building; and WHEREAS, the Engineering Department has found that the work has been satisfactorily completed and has recommended release of said bonds upon receipt of a one (1) year warranty bond in the amount of $1,493.75. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY wa7rY:.m)Fafe[m0re] u�7��1 SECTION 1: That the Certificates of Deposit No: 1000094 in the amount of $3,200.00 and No: 1040179 in the amount of $2,725.00 posted by Make S. and George S. Giourgas, as Principal and NCNB National Bank of Florida, as Surety, for public improvements at Forget Building, are hereby released, subject to receipt of a one (1) year warranty bond in the amount of $1,493.75. SECTION 2: That this Resolution shall become effective immediately upon adoption. PASSED, ADOPTED AND APPROVED this day of 1985. &1 � 5, -:: > - 42- ASSISTANT CITY CLERK I HEREBY CERTIFY that I have approved the form and correct-- MAYORS DISTRICT D1S *,!CT DISTRICT DISTRICT w ®r �r RECORD OF COUNCIL. VOTE UU