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HomeMy WebLinkAboutCity of Tamarac Resolution R-76-164Proposed by: Cj�jY3 �u . �Cp„ Temp. #648 Introduced by: ClcJ CITY OF TAMARAC, FLORIDA RESOLUTION NO. f% A RESOLUTION AUTHORIZING THE RELEASE OF SUB- DIVISION IMPROVEMENT BONDS GIVEN BY INLAND SEALCOATING, INC. FOR MAINIANDS 8 AND FAIRHAVEIV #11 IRRIGATION IMPROVEMENTS. WHEREAS, a Bond in the amount of $5,950.00 for Mainlands #8 streetcuts for Irrigation Improvements, and Bond #122-578 in the amount of $3,500.00 for Fairhaven #11 streetcuts for Irrigation Improvements, were executed by Inland Sealcoating, Inc. of Oakland Park, Florida, and the American Fire and Casualty Company, as surety, and posted with the City of Tamarac, and WHEREAS, Inland Sealcoating, Inc., has executed an Affidavit and Certification as to the actual construction costs of each of these projects, and WHEREAS, the City Engineer has inspected the projects, and has recommended release of both bonds, and the formal acceptance of such improvements by the City, and WHEREAS, Inland Sealcoating, Inc. has submitted to the City a Subdivision Improvement Warranty Bond, in the amount of $2,487.50, covering both projects and representing 257o of the total actual costs, as set forth in the individual Affidavit and Certification for each of the projects referred to herein, and WHEREAS, the City Council wishes to release the original bonds and accept the Subdivision Improvement Warranty Bond, in lieu thereof. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF TAMARAC, FLORIDA: SECTION 1: That the Bond for Mainlands 8 streetcuts for Irrigation Improvements, in the amount of $5,950.00, is hereby released, and the improve- ments covered thereunder are hereby accepted. SECTION 2: That the Bond #122-578 Fairhaven 11 streetcuts for Irrigation Improvements, in the amount of $3,500.00, is hereby released, and the improve- ments covered thereunder are hereby accepted. SECTION 3: That the Substitute Warranty Bond for both projects in the amount of $2,487.50, is hereby formally accepted. -1- PASSED, ADOPTED AND APPROVED THIS Oda DAY OF �TWAY\V-RA , 1976. 1 I HEREBY CERTIFY that I have approved the form and correctness of this RESOLUrICN. ATTORNEY 1 -2- RECH3 OF CO NCIL V 'l MAYOR W. FAL(,K V/M H. MASSARO e , C/W M. KELCH C/M 0. TUCKER_ C/M M. WEINBERGER