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HomeMy WebLinkAboutCity of Tamarac Resolution R-87-005Introduced by: n -��' /� ° Temp. Reso. 4456 1 2 3', 4, 7, 8 9 10 11 12 13 14 15 16 17 B 19 20 21 22 23 24 25 26 27 26 29 30 31 32 33 34 35 36 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-87-:.j A RESOLUTION RELEASING FOUR (4) PERFORMANCE BONDS POSTED FOR PUBLIC IMPROVEMENTS BY DINERSTEIN BUILDERS, INC., FOR BOARDWALK APARTMENT PROJECT (CONCORD VILLAGE IT); AND PROVIDING AN EFFECTIVE DATE. WHEREAS, Dinerstein Builders, Inc. and Interfirst Bank Houston, N.A., as surety, has filed with the City the follow- ing letters of Credit: 1) No. S-1604 - $50,084.00 - Paving and Drainage 2) No. S-1605 - 7,095.00 -- Sewage Collection 3) No. S-1606 - 47,027.00 - Water Distribution 4) No. S-1607 -- 30,356.25 - Sidewalks, Curbs, Gutters WHEREAS, the City Engineering Department has found that the work has been satisfactorily completed and has recommend- ed release of said Letters of Credit subject to a one --year warranty bond in the amount of $45,654.01. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF TAMARAC, FLORIDA.- ECTI 1: That the following Letters of Credit posted by Dinerstein Builders, Inc. for Boardwalk Apartment Project (Concord Village II) are HEREBY RELEASED: 1) No. S-1604 - $50,084.00 - Paving and Drainage 2) No. S-1605 - 7,095.00 - Sewage Collection 3) No. S--1606 - 47,027.00 - Water Distribution 4) No. S-1607 - 30,356.25 - Sidewalks, Curbs, Gutters Temp. Reso. #4456 .__ 1 2 3 4 7 6 7 B 9 10 11 12 13 14 15 16 17 B 19 20 21 22 23 24 23 26 27 28 29 30 31 32 33 34 35 36 SECTION 2: This Resolution shall become effective immediately upon adoption. %, PASSED, ADOPTED AND APPROVED this -- L day ofJ987. MAYOR BERNARD HART ATTEST: ge, 42��� CITY CLERK CAROL E. BARBUTO I HEREBY CERTIFY that I have approved the form and correct- ness of this RESOLUTION. A. BRY AP EGATE MAYOR: HART Ir- DIST. 1: C/W MASSARO DIST. 2: V/M STELZER aAA DIST. 3: C/M GOTTESMAN DIST. 4: C/M STEIN <.. -2-