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HomeMy WebLinkAboutCity of Tamarac Resolution R-79-129Introduced TEMP. #1308 1, 1 1 1 2 3 4 5 6 7 8' 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R- A RESOLUTION AUTHORIZING RELEASE OF A SUBDIVISION IMPROVEMENT BOND #031822 POSTED BY LEADERSHIP HOUSING, INC. (PRINCIPAL)AND INSURANCE COMPANY OF NORTH AMERICA (SURETY) FOR LYONS INDUSTRIAL PARK ROADWAY. WHEREAS, a $75,902.50 subdivision improvement bond #031822 was posted by Leadership Housing, Inc., as principal and Insurance Company of North America, as surety for Lyons Industrial Park roadway, and WHEREAS, the City Engineer has made final inspections and recommends release of said bond, and subject to submission of a one- year warranty bond in the amount of $17,095.50, and WHEREAS, the City Council wishes to accept the recommenda- tion of the City Engineer by authorizing release of said bond. .NQW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF TAMARAC, FLORIDA: SECTION 1: That the subdivision improvement bond #031822 in the amount of $75,902.50, posted by Leadership Housing, Inc., as principal, and Insurance Company of North America, surety, for Lyons Industrial Park roadway is hereby released, subject to submission of a one-year warranty bond in the amount of $17,095.50. PASSED, ADOPTED AND APPROVED this.2'7-day of ,1979. 0 ATTEST: Ass't. Cylty Clerk U, MAYCrla: I HEREBY CERTIFY THAT I have IDISTRICT approved the form and correctness IDIST;.ICT of this RESOLUTION. I DISTRICT /) 1) 4V l2 - (1.. DISTRICT City Attorney RECORD OF COUNCIL. VOTE