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HomeMy WebLinkAboutCity of Tamarac Resolution R-85-216Introduced by_Vice Mayor Massaro Temp. # 3656 Rev. 6/26/85 li 21 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, FLORTDA RESOLUTION NO. R-85-216 A RESOLUTION REGARDING DISPOSITION OF THE WARRANTY BOND POSTED by BAY COLONY PROPERTIES, INC. for BROOKWOOD GARDENS (LAKE COLONY); and PROVIDING AN EFFECTIVE DATE. WHEREAS, Bay Colony Properties, Inc., as principal, has filed with the City a surety bond No. 8062450, with Fireman's Fund Insurance Company, as surety, thereunder to guarantee public improvements, and WHEREAS, the bond is due to expire and there is not properly completed work; and WHEREAS, the principal has been notified that the work is not properly completed. NOW, THEREFORE BE IT RESOLVED BY THE COUNCIL OF THE CITY OF TAMARAC, FLORIDA. SECTION 1: That the recitations set forth above are true and correct. SECTION 2: That the Bond No. 8062450 posted by Bay Colony Properties. Inc., as principal and Fireman's Fund Insurance Company, as surety is hereby released providing that a $10,000.00 cash bond is received by the City of Tamarac by Fridav, June 28, 1985; otherwise, it shall be called. SECTION 3: This Resolution is effective upon adoption. PASSED, ADOPTED AND APPROVED this 26th day of June, 1985. OR ATTEST: CITY CLERK RECORD OF COUNCIL VOTE I HEREBY CERTIFY that T have approved the form and MAYOR: KRAVITZ correctness of his RESOLUTION. DIST4: C/M STEIN DIST 3: C/M GO T TESMAN CIT ATTO Y DIST 2: C/lul MIJNITZ DIST j: V/BVi MASARO U C►