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HomeMy WebLinkAboutCity of Tamarac Resolution R-78-077Introduced by: abn )X� Temp. #1011 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R --7,?" 72 A RESOLUTION AUTHORIZING RELEASE OF A SURETY PERFORMANCE WARRANTY BOND POSTED BY WOODLAND MEADOWS. WHEREAS, Resolution #R-77-34 authorized release of a Surety Performance Bond in the amount of $13,000.00 covering a median cut at the entrance to this subdivision, subject to deposit for one year of a 25% warranty bond; and WHEREAS, the Principal of said bond chose to maintain its $13,000.00 performance bond as a warranty bond; and WHEREAS, the warranty period has expired and the principal is requesting release of said bond; and WHEREAS, the City Engineer has made final inspection and recommends release of the bond; and WHEREAS, the City Council wishes to release said bond. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF TAMARAC, FLORIDA: SECTION 1: That the Surety Performance Bond in the amount of $13,000.00 posted by the Woodland Meadows partnership as principal, and Fidelity and Deposit Company of Maryland, as surety, covering the median cut at the entrance to this sub- division is hereby released. SECTION 2: Conditions: tAA__?�e PASSED, ADOPTED AND APPROVED this pd day of 1978. ATTEST: __2n, ' i�_ 2L xj_-Qzu;o� =�C CLERK I HEREBY CERTIFY that I have approved the form and correct- ness of this Resolution. CI ATTOR =01''NAi� RECORD OF CCDRCIL VOTE MAYOR W. FALCK Q_ VIM H. MASSARO Cl titRw �e�ue,2 �� C/M I. M. DISRAELLY C/M M. KLIKA 1