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HomeMy WebLinkAboutCity of Tamarac Resolution R-89-098Temp. Reso. #5389 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-89- /O A RESOLUTION RELEASING A CASH PERFORMANCE BOND POSTED FOR PUBLIC IMPROVEMENTS BY BARNETT BANK OF SOUTH FLORIDA N.A. FOR BARNETT BANK (TAMARAC BRANCH); AND PROVIDING AN EFFECTIVE DATE. WHEREAS, Barnett Bank of South Florida, N.A., has filed with the City a Cash Bond in the amount of $13,327.50 to guarantee public improvements at Barnett Bank (Tamarac Branch); and WHEREAS, the City Engineering Department has found that the work has been satisfactorily completed and has recom- mended release of $8,476.75 of said cash bond with the City retaining $4,850.75 as a one-year warranty bond. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF' TAMARAC, FLORIDA: SECTION 1: That $8,476.75 of the Cash Bond in the amount of $13,327.50 posted by Barnett Bank of South Florida, N.A., for public improvements at Barnett Bank (Tamarac Branch), is HEREBY RELEASED, with the City retaining $4,850.75 as a one- year warranty bond. SECTION 2: This Resolution shall become effective immediately upon adoption. PASSED, ADOPTED AND APPROVED this-�� day of Y" - , 1989. ATTEST: NORMAN ABRAMOWITZ MAYOR CAROL A. EVANS CITY CLERK I HEREBY CERTIFY that I have approved this RESOLUTION as to form. 11-P RICHARD DOODY CITY ATTORNEY rT RECORD OF MAYOR i + ���.. i