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HomeMy WebLinkAboutCity of Tamarac Resolution R-86-265A 1 2 3 4 5' 6 7 6 9 10 11 12 13 14 15 16 17 � 16 l 19 20 21 22 23 24 25 26 27 26 29 30 31 32 33 34 Introduced by: �' ��'� Temp. Reso. #4239 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-86-( A RESOLUTION RELEASING FOUR (4) PERFORMANCE BONDS POSTED FOR PUBLIC IMPROVEMENTS BY LENNAR HOMES, INC., FOR BELFORT PHASE II; AND PRO- VIDING AN EFFECTIVE DATE. WHEREAS, Lennar Homes, as Principal, and Manufacturers National Bank of Detroit, as Surety, has filed with the City the following Letters of Credit: No. 85192- $16,247.00 -Phase II Sewer No. 85191- 37,938.10 -Phase II Water WHEREAS, the City Engineering Department has found that the work has been satisfactorily completed and has recommended release of said Letters of Credit subject to receipt of one-year warranty bonds in the following amounts: $ 9,725.23 -Phase II Sewer 14,116.80 -Phase II Water NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF TAMARAC, FLORIDA: SECTION 1: That the following Letters of Credit are HEREBY RELEASED: No. 85192- $16,247.00 -Phase II Sewer No. 85191- 37,938.10 -Phase II Water Subject to receipt of one-year warranty bonds in the following amounts: $ 9,725.23 14,116.80 -Phase II Sewer -Phase II Water -1- Temp. Reso. #1.4239 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 16 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 BECTION 2: This Resolution shall become effective immediately upon adoption. PASSED, ADOPTED AND APPROVED this cZ?" day of 1., 1986. /r zf V C� ATTEST: BERNARD HART, MAYOR MARILYN ERTHOLF, CITY;,tLERK I HEREBY CERTIFY that I have approved the form and correct- ness of this RESOLUTION. A. BRYANT APPLEGAT9, CITY ATTORNEY RECORD OF COUNCIL 'COTE MAYOR: HART DIST. 1: C/W MASSARO DIST. 2: VM STELZER �`dc DIST. 3: C/M GOTTESMAN DIST. 4: 1r/M STEIN 14 sm