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HomeMy WebLinkAboutCity of Tamarac Resolution R-89-1271 2 3 4 5 6 01 Temp. Reso. #5415 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R--89-� A RESOLUTION RELEASING A PERFORMANCE BOND POSTED FOR SEWAGE COLLECTION SYSTEM BY LENNAR HOMES, INC., FOR CLAIRMONT FIRST ADDITION, PHASE I; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, Lennar Homes, Inc., as Principal, and Manufacturers National Bank, as Surety, has filed with the City Letter of Credit No. 88631 in the amount of $34,765.00 to guarantee the sewage collection system at Clairmont First Addition, Phase I; and WHEREAS, the City Engineering Department has found that the work has been satisfactorily completed and has recom- mended release of said bond upon receipt of a one-year warranty bond in the amount of $8,427.50. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF TAMARAC, FLORIDA: SECTION 1: That the Letter of Credit No. 88631 posted by Lennar Homes, Inc., as Principal, and Manufacturers National Bank, as Surety, in the amount of $34,765.00 for the sewage collection system at Clairmont First Addition, Phase I, is HEREBY RELEASED, subject to receipt of a one --year warranty bond in the amount of $8,427.50. SECTION 2: This Resolution shall become effective immediately upon adoption. / PASSED, ADOPTED AND APPROVED this�l! day of , 1989. ATTEST: lyo� NORMAN ABRAMOWITZ MAYOR CAROL A. EVANS CITY CLERK I HEREBY CERTIFY that I have approved this RESOLUTION as to form. w �l � �_)' RICHARD DOOPT CITY ATTORNtt RECORD OF COUNCIL VOTE MAYOR ABRAMOWITZ DISTRICT 1: _C/M ROHR DISTRICT 2: C/M STE,IZER DISTRICT 3: C/M HOFFMA DISTRICT 4: V/M BENDER