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HomeMy WebLinkAboutCity of Tamarac Resolution R-86-233Introduced by Temp. Reso. #4190 CITY OF TAMARAC, FLORIDA RESOLUTION R-86-eZ A RESOLUTION RELEASING A WARRANTY BOND POSTED FOR PAVING AND DRAINAGE BY LEN- NAR HOMES, INC., FOR KINGS POINT REC- REATION COMPLEX; AND PROVIDING AN EFF- ECTIVE DATE WHEREAS, Lennar Homes, Inc., as Principal, and Mang-- facturers National Bank of Detroit, as Surety, has filed with the City Letter of Credit No. 84693 in the amount of $15,408.10 to guarantee paving and drainage at Kings Point Recreation Complex; 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 CITY COUNCIL OF THE CITY OF TAMARAC; FLORIDA: SECTION 1: That the Letter of Credit No. 84693 posted by Lennar Homes, Inc., as Principal and Manufacturers National Bank, as Surety, in the amount of $15,408.10 for paving and drainage at Kings Point Recreation Complex is HEREBY RELEASED. SECTION 2: This Resolution shall become effective immediately upon adoption. PASSED, ADOPTED AND APPROVED this 127 day of , 1986. ATTEST: CITY CL K I HEREBY. CERTIFY that I have approved the form and correct- ness of this RESOLUTION. CITY &TORNft 15054786/p MAYOR RECORD OF COUNCIL VOTE MAYOR: HART DIST, 1: C/W MASSARO DIST. 2: C/M STELZER DIST. 3: C/M GOTTESMAN pIST. 4: V/M STEIN -1-