HomeMy WebLinkAboutCity of Tamarac Resolution R-76-189PROPOSED BY: Y Y1 L,(f� Temp. #601
REVISED 10/8/76
INTRODUCED BY: Ct �l sC Y1( h I_ry R� L �� '�i i Q
P-1
CITY OF TAMARAC, FLORIDA
RESOLUTION NO.
A RESOLUTION AUTHORIZING THE RELEASE OF
SUBDIVISION IMPROVEMENT WARRANTIES GIVEN
BY RAMSHIRE, INCORPORATED.
WHEREAS, RAMSHIRE, INC. has posted with the City a Subdivision
Improvement Surety Bond in the amount of $22,907.50, as principal
and surety, and as an additional warranty has remitted a Savings
Bond of like value, covering the same improvements, and
WHEREAS, RAMSHIRE, INC. has submitted an Affidavit and Certi-
fication as to the actual cost of said project, and
WHEREAS, the City Engineer has inspected the project and has
recommended release of said bonds and formal acceptance of such im-
provements by the City, upon receipt of a Substitute Warranty in the
amount of $7,132.25, representing 25% of the total actual costs, as
set forth in the Affidavit and Certification.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
TAMARAC, FLORIDA:
SECTION ONE: That the Subdivision Improvement Bonds from
RAMSHIRE, INC., in the amount of $22,907.50 each are hereby re-
leased, subject to receipt by the City of a substitute cash bond in
the amount of �7,132.25, which will also cover any existing drainage deficiency on
61st Street.
SECTION TWO: That the substitute warranty will
be held by the City for a period of one year, commencing 12/22/76.
PASSED, ADOPTED AND APPROVED this -�4Z*day of boff'_� ,41i 1976.
t-\ C j i' NCc -MAYOR C
ilw"J■
I HEREBY CERTIFY that I have
approved the form and correctness
of this RESOLUTION.
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CITY ATTORNEY