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HomeMy WebLinkAboutCity of Tamarac Resolution R-85-175Introduced by lol zt- Temp. #3641 F.] II 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R--85- /%� A RESOLUTION RELEASING A PERFORMANCE BOND POSTED FOR PUBLIC IMPROVEMENTS BY THE ARCHDIOCESE OF MIAMI FOR ST. MALACHY CATH- OLIC CHURCH; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the Archdiocese of Miami, as Principal, and Alexander Hamilton National Bank, as Surety, has filed with the City Letter of Credit No. 90618257 in the amount of $22,560.00 to guarantee public improvements at St. Malachy Catholic Church; and WHEREAS, the City Engineering Department has found that the work has been satisfactorily completed and has recommended release of said bond upon receipt of a one --year warranty bond in the amount of $3,058.75. Now, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF TA.n?ARAC, FLORIDA: SECTION 1: That the Letter of Credit No. 90618257 posted by the Archdiocese of Miami, as Principal, and Alexander Hamilton National Bank, as Surety, in the ariount of $22,560.00 for public improvements at St. Malachy Catholic Church is HEREBY RELEASED, subject to receipt of a one-year warranty bond in the amount of $3,058.75. SECTION #2: This Resolution shall become effective imme- diately upon adoption. PASSED, ADOPTED AND APPROVED this ,�O7�day of 21 1985. ATTEST: ASSISTANT CITY CLERK I HEREBY CERTIFY that I have approved the form and correctness o this Resolution. / CITY/ATTO rl RECORD OF COUNCIL VOTE MAYOR: KRA ITZ DIST 4: C/M STEIN-. DIST 3: C/M GOTTESMAN DIST 2: C/M MUNITZ DIST 1: V/M MASSARO