HomeMy WebLinkAboutCity of Tamarac Resolution R-86-0181
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Introduced by Temp. #3960
CITY OF TAMARAC, FLORIDA
RESOLUTION NO. R-86--
A RESOLUTION AUTHORIZING THE APPROPRIATE CITY
OFFICIALS TO CALL THE PERFORMANCE BOND POSTED
BY CARDINAL INDUSTRIES OF FLORIDA, INC., FOR
PUBLIC IMPROVEMENTS ASSOCIATED WITH SOUTHGATE
APARTMENTS PROJECT; AND PROVIDING AN EFFECTIVE
DATE.
WHEREAS, Cardinal Industries of Florida, Inc., as
principal, with The Aetna Casualty and Surety Company, as surety,
has filed with the City Bond No. 68-SB-037910-BCA in the amount of
$70,320.50 to guarantee public improvements associated with the
Southgate Apartments project; and
WHEREAS, the bond is due to expire and there is not
properly completed work; and
WHEREAS, the principal has been notified that the work
is not properly completed.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF
TAMARAC, FLORIDA:
ZECTION 1: That the recitations set forth above are
true and correct.
SECTION 2: That Bond No. 68-SB-037910-BCA, in the
amount of $70,320.50, posted by Cardinal Industries of Florida,
Inc., as principal, with The Aetna Casualty and Surety Company, as
surety, is hereby called by the City of Tamarac if an extension
has not been provided to said bond on or before January 22, 1986.
,ACTION 3: This Resolution shall become effective
upon adoption.
PASSED, ADOPTED AND APPROVED this—Y da
Y o , 1986.
MAYOR
TTEST:
�3
RECORD OF COUNCIL VOTE
CITY CLERK
MAYOR: KRAVITZ
I HEREBY CERTIFY that I have
approved the form and correctness DIST 4: C/M STEIN zlj�4�
of is 50ujvu'PION.
DIST 3:
CI Y ATTOR D T 2:
DIST 1:
C/M GOTTESIAAN
C/M MUNITZ CLGfO
VIM MA�ARO