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HomeMy WebLinkAboutCity of Tamarac Resolution R-85-0551INTRODUCED BY: / TEMP. RESO. #3508 REV. 2/12/85 1 2 3 4 8 9 12 23 14 15 23 24 25 26 27 28 29 �d 33 34 3s 36 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-85- ,5,r A RESOLUTION RELEASING A PERFORMANCE BOND POSTED FOR PUBLIC IMPROVEMENTS BY THE WHITING - TURNER CONTRACTING COMPANY AT PICCADILLY CAFETERIA; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, The Whiting -Turner Contracting Company, as Principal, and United States Fidelity & Guaranty Company, as Surety, has filed with t City Bond No. 04--0120-16354-83 in the amount of $41,707.00 to guarantee installation of public improvements at Piccadilly Cafeteria; and WHEREAS, the Engineering Department has found that the work has been completed and has recommended release of said bond subject to receipt of a one-year warranty Bond in the amount of $14,427.38 and payment of additional engineering fees in the amount of $2,527.73. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF TAMARAC, FLORIDA: SECTION 1: That Bond No. 04-0120-16354-83 posted by The Whiting -- Turner Contracting Company, as Principal, and United States Fidelity & Guaranty Company, as Surety, in the amount of $41,707.00, to guarantee installation of public improvements at Piccadilly Cafeteria, is IiEREBY RELEASED, subject to receipt of a one-year Warranty Bond in the amount of $14,427.38 and payment of additional Engineering Fees due in the amount of $2,527.73. SECTION 2: This Resolution shall become effective immediately upon adoption. PASSED, ADOPTED AND APPROVED this I.��y of 1985. ATTEST: CITY CLER�j/� A�� I HEREBY CERTIFY Jhat I have approved the form and cor ctness of this Resolution. RECORD OF COUNCIL VOTE MAYOR: KRAV- TZ DISTRICT4: VIM STEIN DISTRICTS: 2M STE,rt ZE DISTRICT2: CJM__ UNIT DISTRICTl: GMBERNSTEIN g�