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HomeMy WebLinkAboutCity of Tamarac Resolution R-78-050Introduced by: Aol ( � i SActaX TEMP. # 9 7 3 rl�t Revised 3/3/78 I 1 1 CITY OF TAMARAC, FLORIDA RESOLUTION NO. --7 IR c> A RESOLUTION AUTHORIZING RELEASE OF THE BALANCE OF A CASH SUBDIVISION IMPROVEMENT BOND POSTED BY SUMMIT PROPERTIES FOR SUMMIT PROPERTIES PLAZA WHEREAS, Resolution #77-172 authorized release of $11,364.40 of the cash subdivision improvement bond posted by Summit Properties as principal for Summit Properties Plaza, and WHEREAS, the City has retained an amount of $15,955.60 as a cash bond for completion subdivision improvements at Summit Properties Plaza, and WHEREAS, the City Engineer has made final inspection and has found the work to be in general accordance with the plans approved by the Council on September 21, 1977, and WHEREAS, the City Council wishes to release a portion of the balance of the cash bond. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF TAMARAC, FLORIDA: SECTION 1: That the balance of the cash subdivision bond posted by Summit Properties as principal for Summit Properties, Inc., is hereby released, subject to the principal's compliance with any conditions noted herein. The Finance Department shall deduct SECTION 2: CONDITIONS: an amount of $1,205.60 as payment of fees due to the city -and an amount or $2,500.00sh bond until all work is completed. SECTION 3: This Resolution shall become effective imme- diately upon its adoption. PASSED, ADOPTED AND APPROVED this day of 4 1978. R MAYCI ATTEST;, ITY CLERK RECORD OF COUNCIL VOTE I HEREBY CERTIFY that I have MAYOR W. FALCK__ apprF d the form and correctness V/M H. MASSARO of ts RESOLUT r X CJM M. WEINBERGER �47G _. CIT ATTOR Y CJM I. M. DISRAELLY '` CJM M. KLIKA /,r�i