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HomeMy WebLinkAboutCity of Tamarac Resolution R-88-0931 2 3 4 3 1 6 .9 10 11 12 13 14 15 16 17 a 20 21 22 23 24 25 26 27 28 29 30 33 34 35 Temp. Reso. #4994 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R- 88- 3 A RESOLUTION RELEASING A WARRANTY BOND POSTED FOR PUBLIC IMPROVEMENTS BY THE LANDINGS ON CYPRESS GREENS JOINT VENTURE, FOR THE LANDINGS ON CYPRESS GREENS PROJECT; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, The Landings on Cypress Greens Joint Venture, as Principal, and Cypress Savings Association, as Surety, has filed with the City a warranty Letter of Credit No. 26 in the amount of $58,171.18 for public improvements at The Landings on Cypress Greens; and WHEREAS, the City Engineering Department has found that the work has been satisfactorily completed and has recom- mended release of said Letter of Credit. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF TAMARAC, FLORIDA: SECTION 1: That the warranty Letter of Credit No. 26 posted by the Landings on Cypress Greens Joint Venture, as Principal, and Cypress Savings Association, as Surety, in the amount of $58,171.18, for public improvements at The Landings on Cypress Greens, is Hereby Released. SECTION 2: This Resolution shall become effective immediately upon adoption. �f PASSED, ADOPTED AND APPROVED this/oZ day of 1988. ATTEST: CAROL E. BARBUTO CITY CLERK I HEREBY CERTIFY that I have approved this RESOLUTION as to form. RICHARD DOODY CITY ATTORNEY NORMAN ABRAMOWITZ- MAYOR RECORD OF COUNCIL VOTE —AE3RAMOWITZ V/M STE.L7.ER 'EC-f 3�. C11'1 I-tQ Fra,IAN ED 5 i RICT 4: C/M BENDER I