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HomeMy WebLinkAboutCity of Tamarac Resolution R-85-1451 2 3 4 8 9 10 11 12 13 15 16 17 18 19 21 22 23 24 25 27 28 29 30 32 33 34 Introduced by 11A Temp. Reso. #3611 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-85-- / `f5 A RESOLUTION CONVERTING A PERFORMANCE BOND POSTED BY K. HERRON & SONS CONCRETE CONSTRUCTION COMPANY, INC., IN ACCORDANCE WITH THE REQUIREMENTS OF BID #85-2 (LIME SLUDGE RETAINING WALL) TO A ONE- YEAR WARRANTX -AND PROVIDING AN FMCT_IVE__DATE. WHEREAS, K. Herron & Sons Concrete Construction Company, Inc., as Principal, and Fidelity Deposit Company of Maryland, as Surety, have filed with the City a Bond in the amount of $14,300.00 in accordance with the requirements of Bid #85-2 (Lime Sludge Retaining Wall); and WHEREAS, the Engineering Department has found that the work has been satisfactorily completed and has recommended conversion of said performance bond to a one-year warranty bond. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF TAMARAC, FLORIDA: SECTION 1: That the Bond posted by K. Herron & Sons Concrete Construction Company, Inc., as Principal, and Fid- elity Deposit Company of Maryland, as Surety, in the amount of $14,300.00 in accordance with Bid #85-2, is HEREBY CONVERTED to a one. -year warranty bond commencing April 24, 1985. BECTION 2: This Resolution shall become effective immediately upon adoption. PASSED, ADOPTED AND APPROVED this _�7/ y of , 1985. YOR ATTEST: _ ASSISTANT CITY CLERK Y I HEREBY CERTI approved the f of tb4s Resolu C V4 that I have RECORD OF COUNCIL VOTE m and correctness ion. Z MAYOR• KRAVIT DIST 4: C/M STEIN DIST 3: G/M GOTTESMAN D I ST 2: C/,ICI M U N ITZ DIST 1: VLM MASSARO