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HomeMy WebLinkAboutCity of Tamarac Resolution R-2000-2501 August 30, 2000 - Temp. Reso. #9129 Page 1 of 3 Revision # 1 — 9/19/00 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-2000- a5"b A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF TAMARAC, FLORIDA, AUTHORIZING THE APPROPRIATE CITY OFFICIALS TO RELEASE WARRANTY BOND #115000899 IN THE AMOUNT OF $6,120.43 POSTED FOR THE PAVING AND DRAINAGE FOR WALGREENS LOCATED AT 6401 WEST COMMERCIAL BLVD.; PROVIDING FOR CONFLICTS, PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, Walgreens, Inc. with Amwest Insurance Co. as Surety, has filed with the City a warranty bond #115000899 in the amount of $6,120.43 to warranty paving and drainage for the Walgreens located at 6401 West Commercial Blvd.; and WHEREAS, the paving and drainage has been inspected and found acceptable by the Public Works Engineering Division; and WHEREAS, pursuant to City Code Section 10-156, this warranty bond has remained in place for the required one (1) year period; and WHEREAS, it is the recommendation of the Public Works Director that the warranty bond be released; and U:\Adm Correspondence\Agendas\9129RES-walgreens at 64th ave.doc 1 1 August 30, 2000 - Temp. Reso. #9129 Page 2 of 3 Revision # 1 — 9/19/00 WHEREAS, the City Commission of the City of Tamarac, Florida deems it to be in the best interest of the citizens and residents of the City of Tamarac to release the warranty bond #115000899 in the amount of $6,120.43, posted for the paving and drainage located at 6401 West Commercial Blvd. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF TAMARAC, FLORIDA THAT: Section 1: The foregoing "WHEREAS" clauses are hereby ratified and confirmed as being true and correct and are hereby made a specific part of this resolution. Section 2: The appropriate City Officials are hereby authorized to release the warranty bond #115000899 in the amount of $6,120.43 posted for the paving and drainage for the Walgreens located at 6401 West Commercial Blvd. (a copy of Bond #115000899 is attached hereto as Exhibit "A") Section 3: That all Resolutions or parts of resolutions in conflict herewith are hereby repealed to the extent of such conflict. Section 4: If any clause, section, other part or application of this. Resolution is held by any court of competent jurisdiction to be unconstitutional or invalid, in part or application, it shall not affect the validity of the remaining portions or applications of this Resolution. UAAdm Correspond ence\Agendas\9129RES-walgreens at 64th ave.doc 1 Section 5 and adoption. August 30, 2000 - Temp. Reso. #9129 Page 3 of 3 Revision # 1 — 9/19/00 This Resolution shall become effective immediately upon its passage PASSED, ADOPTED AND APPROVED this7 day o r ,000. ATTEST. MARION S,WENSON, CMC CITY CLERK I HEREBY CERTIFY that I h ve approved this RESOLUTIOas 1ITCHELL S. WAFT CITY ATTORNEY JOE SCHREIBER MAYOR RECORD OR COMMOWN MAYOR SCHREI®ER.,m POT 1: COAK PORTNER � DIET a OWL MIS M" ■4 ow a COMMA. •WANOI ; DIRT 4: VIM WNWn .,.-� U:\Adm Correspondence\Agendas\9129RES-walgreens at 64th ave.doc Exhibit "A" BOND NO, tt5000899 SUBDIVISION IMPROVEMENT WARRANTY BOND Replacement for Bond Dated 22nd Day of June, 1999 Project Name: WALGREENS TAMARAC KNOW ALL MEN BY THESE PRESENTS: That LEF/Tamarac Ltd. having an address of 2601 South Bayshore Drive, Miami, FL 33133 as Principals, and. AMWEST SURETY INSURANCE COMPANY having an address of 1235 North Loop West Suite 305 Houston Texas 77008 a corporation, existing under the laws of the State of Florida, and having heretofore complied with all the requirements of the laws of the State of Florida regulating the admission of such corporation to transact business in this State, as Surety, are held and firmly bound unto the City of Tamarac of Broward County, a municipal corporation of the State of Florida, having an address of 7525 Northwest 8811 Avenue, Tamarac, Florida 33321 in the full and just sum of Six Thousand One Hundred Twenty -One Dollars Dollars 6 120.43) lawful money of the United States of America, for which sum well and truly to be paid to said City of Tamarac, the said Principal and the said Surety do hereby bind themselves, their heirs, executors, administrators, successors or assigns respectively, as the case may be, jointly and severally, firmly by these presents. WHEREAS, in accordance with the terms of Section 10-156, as amended by Ordinance 93-23, paragraph (b) of the Tamarac City Code, there is a requirement that a bond in the amount of 25 percent of the actual cost of the Subdivision improvements be posted upon formal acceptance of said Subdivision Improvements by the City Commission, and WHEREAS, in compliance with said warranty bond requirements, said Principal is required to furnish a good and sufficient bond in a surety company licensed to do business in the State of Florida conditioned upon the correction of all insufficiencies in design, workmanship and/or materials which are found within one year of the date of the formal acceptance of the Subdivision Improvements by the City commission of the City of Tamarac, Florida. Subdivision Improvement Warranty Bond Exhibit "A" NOW, THEREFORE. the condition of the obligation is such that if the said Principal, its successors, legal representatives or assigns shall have made all corrections and shall have paid all claims for the cost of correcting all insufficiencies in design, workmanship and/or materials discovered within one year of the date of formal acceptance of the Subdivision Improvements by the City Commission of the City of Tamarac, Florida, then this obligation shall be void; else to continue in full force and effect. Prior to the end of the calendar year following said City Commission's formal acceptance of the Subdivision Improvements warranted by this bond, the City Engineer or designee shall inspect them for final release. If his investigation reveals any insufficiencies, then he shall notify the Principal, in writing, that the work is unacceptable. The Principal and the Surety, jointly and severally, agree that said City of Tamarac shall have the right to correct insufficiencies in design, workmanship and/or materials in the event the Principal should fail or refuse to do to within ninety (90) days after said written notice by the City Engineer, and, pursuant to public advertisement and receipt and acceptance of bids, cause and insufficiencies in design, workmanship and/or materials to be corrected. In such case, the Principal and Surety shall be jointly and severally liable hereunder to pay and indemnify said City upon the correction of said insufficiencies in design, workmanship and/or materials, the final total cost thereof, including but not limited to engineering, legal and contingent costs together with any damage, direct or consequential, which said City of Tamarac may sustain on account of the failure of the Principal to comply with all of the requirements hereof. Upon recommendation by the City Engineer for final acceptance and upon compliance by Principal with applicable conditions, as hereinabove stated, the City Engineer will then recommend to the City Commissions the release of this reduced bond, by resolution. IN WITNESS WHEREOF, the above bounden parties have executed their instrument by affixing their corporate names and seals hereto and causing their authorized representatives to sign these presents, pursuant to the authority of their governing bodies on this 30`" day of June 1999. Z Subdivision Improvement Warranty Bond ,. Exhibit "A" SIGNED AND SEALED IN THE PRESENCE OF: LEE/Tamarac, Ltd., by its General Partner l EF/Tamarac, Inc. (Surety) Countersigned by: j - t no—V- 5 �C� Cheryl $eaird, Resident Agent Howard W. Thibfaut Vice President (Title) for the President Attested by Sandra E. Ray Corporate Secretary (Title) i L "i� at,, .: 1 (Name) W.L. Kottwitz, r./Attorney—In-Facr. (Title) for Surety Akv,SaIS Attested by John S. Canter, Sr. Account: Executive (Title) Note: The respective corporate seals should be affixed. 3 Subdivision Improvement Warranty Bond y_X