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HomeMy WebLinkAboutCity of Tamarac Resolution R-77-045Proposed by: Q� c> Introduced by: CRn. Q 'Re-L) c Temp. # 715 CE)ed 51q ( -1 -1 1 CITY OF TAMARAC, FLORIDA RESOLUTION NO. - - A RESOLUTION AUTHORIZING RELEASE OF A SUBDIVISION IMPROVEMENT BOND POSTED BY MIDLAND ADVISORY CO. OF FLORIDA, INC. FOR THE GREENS PROJECT WHEREAS, a subdivision improvement bond in the amount of $184,160.00 was posted by Midland Advisory Co. of Florida, as principal; and Fidelity and Deposit Company -of Maryland, as surety; and WHEREAS, the City Engineer has made final inspection and recommends to the City Council that the bond covering the Greens be released; and WHEREAS, the City Council wishes to release said bond. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF TAMARAC , FLORIDA: SECTION 1: The. subdivision improvement bond in the amount of $184,160.00 posted by Midland Advisory Co. of Florida, as principal; and Fidelity and Deposit Company of Maryland, as surety, is hereby released. SECTION 2 : Conditions: 1) Submission of a bond in appropriate form, approved by the City Attorney, in the amount of $4,40 0.00 to cover additional parking at recreation center; and 2) installation of sidewalk from parking area o recreation aci i des is required. PASSED, ATTEST: ADOPTED AND APPROVED this 9th day of I HEREBY CERTIFY that I have approved the form and correctness of this REsolution. Wm. Gemmill,City Attor ey March , 1977. RECORD OF COUNCIL VOTE Mayor Falck Aye Vice Mayor Massaro Aye Weinberger Aye _Councilman Councilman* Di's.raelly Aye Councilman Klika Aye_ 1