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HomeMy WebLinkAboutCity of Tamarac Resolution R-87-211Introduced b 6 d r"� y: Temp. Reso. #4672 1 2 3 4 9 10 22 u .13 14 15 16 17 20 2.1 22 23 24 25 26 27 28 29 30 1 32 33 34 35 36 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-87- A RESOLUTION RELEASING A WARRANTY BOND POSTED FOR PUBLIC IMPROVEMENTS BY SABAL PALM ASSOCIATES, LTD., FOR SABAL PALM TOWNHOUSES PROJECT; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, Sabal Palm Associates, as Principal, and Freedom Savings and Loan Association, as Surety, has filed with. the City Letter of Credit No. 1331 in the amount of $13,625.38 to guarantee sewage collection system improvements and sidewalks at Sabal Palm Townhouses project; and WHEREAS, the City Engineering Department has found that the work has been satisfactorily completed and has recom- mended release of said bond. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF TAMARAC, FLORIDA: SECTION 1: That the Letter of Credit No. 1331 posted by Sabal Palm Associates, Ltd., as Principal, and Freedom Savings & Loan Association, as Surety, in the amount of $13,625.38 for the sewage collection system improvements and sidewalks at Sabal Palm Townhouses Project is HEREBY RELEASED. SECTION 2: This Resolution shall become effective immediately upon adoption. PASSED, ADOPTED AND. APPROVED this day ofL- , 1987. ATTEST: CAROL E. BARBUTO CITY CLERK I HEREBY CERTIFY that I have approved this RESOLUTION as to form.. A. BRYANT,APPLEGATE� CITY ATTORNEY RNARD HART MAYOR MAYOR: HART MST. 1: C/M ROHR ....� "IST. 2: C/M STELZER ;-"IST. 3: C/M HOFFMAN �ji T. 4: V/M STEIN —