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HomeMy WebLinkAboutCity of Tamarac Resolution R-1975-105Proposed by: C_ j LGC,� Introduced by: C 17kck Temp.#395 CITY OF TAMARAC, FLORIDA RESOLUTION NO . .5_ / 0 S~ A RESOLUTION AUTHORIZING THE RELEASE OF A SUBDI- VISION IMPROVEMENT BOND GIVEN BY W. JACKSON & SONS CONSTRUCTION CO. WHEREAS, pursuant to City Ordinance No. 74-45 a Subdi- vision Improvement Bond was posted by W. Jackson & Sons Construe- tion Co. covering the installation of an irrigation system in Vanguard Village #15; and WHEREAS, a Subdivision Improvement Bond, in the original principal amount of $38,125.00 was executed by W. Jackson & Sons Construction Co. and Insurance Company of North America of Pennsylvania, as surety; and WHEREAS, Jack Stelzer, corporate officer, of Vanguard Village #15 has executed an Affidavit and Certifiyation as to tk 0, , q Ckd 4LJ q S) v+d t""i �0, actual construction costs of said project andNhas undertaken to submit a substitute Warranty Bond in the amount of $ �v2►� �� representing 25% of the actual cost of road right-of-way improvements; and WHEREAS, the City Engineer has inspected the project and recommended release of the Bond and formal acceptance of the im- provements by the City. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF TAMARAC, FLORIDA: SECTION 1: Upon receipt of the substitute bond in the amount of $ 17 1, G2 J_. CZ the bond herein before referred to of $38,125.00 will be released. f PASSED, ADOPTED AND APPROVED this j, day of ;f..� : �`'- 1975. MAYOR ATTEST: CITY CL R I HEREBY CERTIFY that I have approved the form and correctness of tlyis RESOLUTYO. CITY ATTORNEY RECORD OF COUNCIL VOTE MAYOR - D. JOHNSON gVe I