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HomeMy WebLinkAboutCity of Tamarac Resolution R-80-254Introduced by Temp. #1778 1 2 3 4 5 8 9 10 11 12 13 14 15 16 17 20 21 22 23 24 25 26 27 28 29 -0 32 33 34 35 36 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R- 9-d- o2S' A RESOLUTION AUTHORIZING RELEASE OF A SUBDIVISION IMPROVEMENT LETTER OF CREDIT FOR HEFTLER HOMES. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF TAMARAC, FLORIDA: SECTION 1: That the Letter of Credit in the amount of $262,597.15 posted for Heftler Homes is hereby released subject to receipt of: (1) Bond in the amount of $22,290.00 for sidewalks not yet constructed; (2) Warranty bond in the amount of $79,340.43 representing 25% of certified actual costs; (3) Additional Engineering fees in the amount of $2,013.37, which have been paid on November 6, 1980. PASSED, ADOPTED AND APPROVED this day of W 1980. GA- YO ATTEST: CITY CLERK I HEREBY CERTIFY that I have approved theā€¢form and correctness of this RESOLUTION. CITY ATTORNEY MAYOR: DISTRICT DISTRICT DISTRICT DISTRICT RECORD OF COUNCIL VOTE 1