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HomeMy WebLinkAboutCity of Tamarac Resolution R-77-103Proposed by: V/M Massaro Temp.#785 Revised 6/8/77 Introduced by : _ C/M- .Weinberger CITY OF TAMARAC, FLORIDA RESOLUTION NO. R - 77-103 A.R.ESOLUTION AUTHORIZING RELEASE OF A MAINTENANCE BOND, POSTED BY BERMUDA CLUB SALES CORPORATION. WHEREAS, a maintenance bond in the amount of $145,803.42 was posted by Bermuda Club of Tamarac -Bermuda Club Sales Corpor- ation, as principals and American Employers' Insurance Company, as surety; and WHEREAS, the City Engineer has made final inspection and recommends release of said maintenance bond subject to certain conditions, and bond ; WHEREAS, the City Council now wishes to release said maintenance NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF TAMARAC, FLORIDA: SECTION 1: That the maintenance bond in the amount of $145,803,42, posted by Bermuda Club of Tamarac (Joseph Cogen, Trustee)- .. a Bermuda Club Sales Corporation, as principals and American Employers' Insurance Company, as surety is hereby released. SECTION 2: Conditions: Receipt of cash bond from Bermuda Club Sales Corp6 in amount to be determined by the ­City Engineer, but not less than $2,500,00 to cover correction of deficiencies listed in June 2, 1977 letter to Bermuda Club Sales Corp -from City Engineer - (copy of which is attached) Work to be !com- pleted within 60 days. PASSED, ADOPTED AND APPROVED this 8th day ATTEST: I HEREBY CERTIFY that I have approved the form and correctness of this RESOLUTION. 10 P469111 OF COUNCIL VOTE MAYOR W..FALCR Me - VIM H. MASSARO C/M M. WEINBERGER dMENNUMMO� - - bv CIM,1. M. DISRAELIY CI M M, KLIKA' f n r iw i. It" lOi77-16