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HomeMy WebLinkAboutCity of Tamarac Resolution R-80-108Introduced by: Temp.Reso.#1586 Rev. 4/9/80 1 2 3 4 ' S 6 7 8 9 10 11 3.2 13 14 15 16 _.:'s 7 8 19 20 21 22 23 24 25 26 27 28 29 ti 32 33 34 35 36 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-fO--%pg- A RESOLUTION AUTHORIZING RELEASE OF A SUBDIVISION IMPROVEMENT BOND - LETTER OF CREDIT #SB0048 FOR HOMELAND ENTER- PRISES - EDGEWATER PROJECT. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF TAMARAC, FLORIDA: SECTION 1: That the Irrevocable Letter of Credit #SB0048 in the amount of $541,146.63, drawn on Summit Bank for Homeland Enterprises - Edgewater Project is hereby released, subject to submission of: 1. Additional engineering fees in the amount of $ 6,285.49. 2. One Year Warranty Bond in a form permitted by Section 24-6 of the City Code in the amount of $165,254.56 to_ cover Public improvements approved by this Resolution. 3. An Agreement with Homeland Enterprises in recordable form which, provides that there shall be no final inspection requested or certificate of occupancy granted for any building unless and until sod has satisfactorily been installed in all swales and medians in front of the buildings, and the sidewalk in front of the building has satisfactorily been installed. PASSED, ADOPTED AND APPROVED this day of , 1980. ATTEST: v CITY CLERK I HEREBY CERTIFY that I have approved the form and correctness of this RESOLUTION. Q.4 &4A.,Wl Q�Z� _ CITY ATTORNEY MAYOR: DISTRICT DIST� 'ICT DISTRICT DISTRICT MAYOR RECORD OF COUNCIL VOTE