HomeMy WebLinkAboutCity of Tamarac Resolution R-1975-113Proposed by:�_.'
Temp.# 398
Introduced by :C_�
CITY OF TAMARAC, FLORIDA
RESOLUTION NO. - it
A RESOLUTION AUTHORIZING THE RELEASE OF A SUBDIVISION
IMPROVEMENT BOND GIVEN BY TAMARAC UTILITIES, INC.
WHEREAS, pursuant to City Ordinance No. 71-23, a Subdivi-
sion Improvement Bond was posted by Tamarac Utilities, Inc. covering
Saint Malachy's Church Drainage, and
WHEREAS, a Subdivision Improvement Bond, in the original
principal amount of $32,500 was executed by Tamarac Utilities, Inc;
as pra-ncipals, and Argonaut Insurance Company of California, as
surety, and
WHEREAS, L4AGllj,o��,�i�,� ��.� has executed an
Affidavit and Certification as to the actual construction costs of
said project and has undertaken to submit a substitute Warranty
Bond in the amount of $ �i.J 60.0 representing 25% of the
actual cost as set forth in said Affidavit and Certification, and
WHEREAS, the City Engineer has inspected the project and re-
commended release of the Bond and formal acceptance of the improve"
ments 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 $ (�j ' •a the bond herein before referred to of
$32,500 will be released.
PASSED, ADOPTED AND APPROVED this day of /�� �r 1975
MAYOR
ATTEST:
CITY L R
I HEREBY CERTIFY that I
have approved the form and
correctness of this:.RESOLU
RECORD OF COUNCIL VOTE
MAYOR - D. JOHNSON
Po E. L.;
C vJ ' H. I�ria,c.)r1Gt� I P�.
C / M 0, W(,KER
C ; !M M. GI.iCKSMAN7
C I TY A ORNEY - -'