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HomeMy WebLinkAboutCity of Tamarac Resolution R-1975-151Proposed by: �; ("j C--., Fl-, Temp . # 420 Introduced by: CITY OF TAMARAC, FLORIDA RESOLUTION NO. � A RESOLUTION AUTHORIZING THE RELEASE OF A SUBDIVISION IMPROVEMENT BOND GIVEN BY TAMARAC UTILITIES, INC. FOR WATER AND SEWER LINES FOR GOLFETTES, MCNAB ROAD WHEREAS, pursuant. to City Ordinance No. 71-23 a Sub- division Improvement Bond was posted by Tamarac Utilities, Inc. covering water and sewer lines for Golfettes, McNab Road, and WHEREAS, a Subdivision Improvement Bond, in the original_ principal amount $18,125.00 was executed by Tamarac Utilities, Inc. as principal, and Argonaut Insurance Company, as surety, and WHEREAS, Tamarac Utilities, Inc. has executed an affidavit and Certification as to the actual construction costs of said project and has undertaken to submit a substitute Subdivision Improvement and Warranty Bond in the amount of $2,286.25 representing 25() of the actual cost as set forth in said Affidavit and Certificate, 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 TAAARAC, FLORIDA: SECTION 1: Upon receipt of the substitute bond in the amount $2,286.25, the bond herein before referred to of $18,125.00 will be released. / PASSED, ADOPTED AND APPROVED this-..'- day of/. `r L �_.. 1975 L MAYOR ATTEST: I HEREBY CERTIFY that I have approved the form and correctness of this RESOLUTION. CI ATTORNEY -- RECORD OF COUNCIL VOTE Mayor D. Johnson V/M M. Glicksman C/M W. Falck C/W. H. Massaro C/M 0. Tucker C',