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HomeMy WebLinkAboutCity of Tamarac Resolution R-85-260Introduced by V W Temp Reso. #3713 I i I r- L 1 CITY OF TAMARAC, FLORIDA 2 RESOLUTION NO. R-85-24��� 3 4 A RESOLUTION RELEASING A WARRANTY BOND POSTED FOR PUBLIC IMPROVEMENTS BY BONAIRE 5 ASSOCIATES LTD. FOR WOODMONT TRACTS, 74/75 SITE PLAN 2, PHASE 2; AND PROVIDING AN 6 EFFECTIVE DATE. WHEREAS, Bonaire Associates Ltd., as Principal and.The 8 First National Bank of Chicago, as Surety has filed with the City 9 Letter of Credit No. 304628 in the amount of $8,000.52 to guarantee 10 public improvements at Woodmont Tracts 74/75 for Site Plan 2, Phase 11 2; and 12 WHEREAS, the Engineering Department found that the work 13 has been satisfactorily completed and has recommended release of said 14 bond. 15 NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF TAMARAC, 16 FLORIDA: I SECTION 1: That the Letter of Credit No. 304628 posted 18 by Bonaire Associates Ltd. ,as..principa1 and the First National Bank of 19 Chicago, as Surety, in the amount of $8,000.52 for public improvements 20 at Woodmont Tracts 74/75 Site Plan 2, Phase 2, is HEREBY RELEASED. 21 SECTION 2: This Resolution shall become effective imme- 22 diately upon adoption. 23 PASSED, ADOPTED AND APPROVED this day of , 1985. 24 7 25 26 27 A-0: MA OP:: 28 Attest. 29 RECORD OF COUNCIL VOTE 30 � �-�- MAYOR: KRAVITZ 31 ASSISTANT CITY CLERK Cep ST 4: ('/M STE"N 32 I HEREBY CERTIFY that I have approved the form and correctness of this D 33 RESOLUTION. 34 F)G Sf 2: CAI MUNITZ DIST 1: V/IV'1 MASSARO C Y ATTOR EY