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HomeMy WebLinkAboutCity of Tamarac Resolution R-85-258Introduced BY Temp. Reso #3726 1 2 3 4 5 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 BY MARSTEN LEASING CORPORATION FOR THE UTILITIES WEST OFFICE BUILDING (BID #85-3); AND PROVIDING AN EFFECTIVE DATE. WHEREAS, Marsten Leasing Corporation, as principal,and Service Insurance Company, as surety, has filed with the City,B.ond No. 2676 in the amount of $116,052.00 for the Utility West Office Build- ing (Bid #85-3) ; 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 $29,013.00. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF TAMARAC, FLORIDA: SECTION 1: That the Bond No. 2676 posted by Marsten Leasing Corporation, as principal and Service Insurance Company,as surety, in the amount of $116,052.00 for the Utility West Office Building is HEREBY RELEASED, subject to receipt of a one-year warranty bond in the amount of $29,013.00. SECTION 2: This Resolution shall become effective immediately upon adoption. PASSED, ADOPTED AND APPROVED this �� day of , 1985. MAYOR _ r ATTEST: RECORD OF COUNCIL VOTE MAYOR: KRAVITZ ASSISTANT CITY CLERK I HEREBY CERTIFY THAT I have approved the form and correct- ness of this RESOLUTION. ATTO , 47 T - D 2T 2: CC/� J7 DIST 1: V/M MASSARO