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HomeMy WebLinkAboutCity of Tamarac Resolution R-88-007Temp. Reso. #4893 Revised 1/11/88 1 2 3 4 5 6 7 M. L*R 10 11 12 13 14 15' 16 17 8 19 20 21 22 23 24 25 26 27 28 29 1 s0 31 32 33 34 35 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R--88- A RESOLUTION RELEASING A PERFORMANCE BOND POSTED FOR PUBLIC IMPROVEMENTS BY DINERSTEIN BUILDERS FOR BOARDWALK APARTMENTS (CONCORD VILLAGE II); PROJECT; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, Dinerstein Builders, as Principal, and Inter First Bank Houston, N.A., as Surety, has filed with the City Letter of Credit #S-1607 in the amount of $30,356.25 that was held in lieu of a warranty bond for the Boardwalk Apartments (Concord Village II); and WHEREAS, the City Engineering Department has found that the work has been satisfactorily completed and has recommended release of said Letter of Credit. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF TAMARAC, FLORIDA: SECTION 1: That Letter of Credit #S-1607 posted by Diner- stein Builders, as Principal, and Inter First Bank Houston, N.A., as Surety, in the amount of $30,356.25 is HEREBY RELEASED. SECTION 2: This Resolution shall become effective imme- diately upon adoption. PASSED, ADOPTED AND APPROVED this �.�� day of Ile 1988. ATTEST: BERNARD HART, MAYOR CAROL E. BARBUTO, CITY CLERK I HEREBY CERTIFY that I have approved this RESOLUTION as to form. MAYOR, HART r 1 2: CiM STELZER k RICHARD DOODY, CITY ATTORNEY --"IT V/10 STEIN ..