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HomeMy WebLinkAboutCity of Tamarac Resolution R-88-0081 Z I 3 4 5 Li 17 1R 1 U 33 36 Temp. Reso. #4894 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-88- A RESOLUTION RELEASING PERFORMANCE BONDS POSTED FOR PUBLIC IMPROVEMENTS BY DINERSTEIN BUILDERS FOR BOARDWALK APARTMENTS (CONCORD VILLAGE 11); AND PROVIDING AN EFFECTIVE DATE. WHEREAS, Dinerstein Builders, as Principal, and Inter -First Bank Houston, N.A., as Surety, has filed the following perform- ance Letters of Credit: #S-1604 - $50,084.00 - Paving and Drainage #S-1605 - 7,095.00 - Sewage Collection #S-1606 - 47,027.00 - Water Distribution; and WHEREAS, the City Engineering Department has found that the work has been satisfactorily completed and has recommended release of said Letters of Credit that were held in lieu of warranty bonds since the one-year warranty period expires on January 14, 1988. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF TAMARAC, FLORIDA: REC_TTON 1: That the following Letters of Credit posted by Dinerstein Builders as Principal, and Inter -First Bank Houston, N.A. as Surety are HEREBY RELEASED: #S-1604 - $50,084.00 - Paving and Drainage #S-1605 - 7,095.00 - Sewage Collection #S-1606 - 47,027.00 - Water Distribution SECTION 2: This Resolution shall become effective immedi- ately upon adoption. PASSED, ADOPTED AND APPROVED this ATTEST: CAROL E. BARBUTO, CITY CLERK I HEREBY CERTIFY that I have approved this RESOLUTION as to form. RICHARD DOODY, CITY ATTORNEY / day of 1988. �BERNARDHART, rMAYO� !MAYOR: HART DIST. 1. C/M ROHR Di 1T". 2: C/M S F-LZER (`-Y=-- C"l ;i.:3. C/M HOrFMAN Chi -r. Q: Vi 0 STE!N �--" M