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HomeMy WebLinkAboutCity of Tamarac Resolution R-86-109Introduced by: C Temp. Reso. #4073 U 1 2 3i 4 5 6 7 6 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-86- Ze A RESOLUTION RELEASING A WARRANTY BOND POSTED FOR THE WATER DISTRIBUTION SYSTEM IMPROVEMENTS BY LENNAR HOMES INC.; FOR BELFORT-PHASE I; AND PROVIDING AN EFFECTIVE -DATE._- WHEREAS, Lennar Homes, Inc., as Principal, and Manufacturers National Bank of Detroit, as Surety, has filed with the City Letter of Credit No. 84146 in the amount of $12,356.15 to guarantee the water distribution system improvements at Belfort - Phase I; and WHEREAS, the City Engineer has found that the work has been satisfactorily completed and has recommended 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. 84146 posted by Lennar Homes, Inc., as Principal and Manufacturers National Bank of Detroit, as Surety, in the amount of $12,356.15 for the water distribution system improvements at Belfort - Phase I, is HEREBY RELEASED. SECTION 2: This Resolution shall become effective immedi- ately upon adoption. PASSED, ADOPTED AND APPROVED this —?—day of 1986. �"MA CITY 0LERK I HEREBY CERTIFY that I have approved the form and correct- ness of this RESOLUTION. CITY ATTORNEY RECORD OF COUNCIL VOTE MAYOR: HART DIST. 1: C/W MASSARO DIST. 2: C/M STELZER DIST. 3: C/M GOTTESMAN DIST. 4: V/M STEIN M