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HomeMy WebLinkAboutCity of Tamarac Resolution R-89-128Temp. Reso. #5419 1 2 3 4 5 6 31 33 34 35 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-89-/7Z,?' A RESOLUTION RELEASING A PERFORMANCE BOND POSTED FOR PUBLIC IMPROVEMENTS BY MCDEVITT & STREET COMPANY FOR UNIVERSITY HOSPITAL PAVILION; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, McDevitt & Street Company, as Principal, and The American Insurance Company, as Surety, has filed with the City a Bond in the amount of $46,350.00 to guarantee public improvements at University Hospital Pavilion; 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 $17,867.50. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF TAMARAC, FLORIDA: SECTION 1: That the Bond posted by McDevitt & Street Company, as Principal, and The American Insurance Company, as Surety, in the amount of $46,350.00 for public improvements at University Hospital Pavilion, is HEREBY RELEASED, subject to receipt of a one year warranty bond in the amount of $17,887.50. SECTION 2: This Resolution shall become effective immediately upon adoption. PASSED, ADOPTED AND APPROVED this v2 � day of 1989. ATTEST: JAI�� NORMAN ABRAMOWITZ MAYOR CAROL A. EVANS RECORD OF COUNCIL VOTE CITY CLERK MAYOR 68RAMMITZ I HEREBY CERTIFY that I have DISTRICT =: C/M RDHR approved this RESOLUTION as to """'—""'""""'"""'" form. DISTRICT 2: C/M LTELZER I L DISTRICT 3: C/M HOEWA .CITY RICHAATTORNE DISTRICT4: V/M_BENt3ER` ■