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HomeMy WebLinkAboutCity of Tamarac Resolution R-86-2871 2 3 4 5 6 7 6 9 10 11 12 13 14 15 i6 17 18 19 20 21 22 23 24 25 26 27 29 29 30 j 31 32 33 34 Introduced by: "1 Temp. # L Zb fo CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-86-o2r67 A RESOLUTION RELEASING A PERFORMANCE BOND POSTED FOR LANDSCAPING BY LENNAR HOMES, INC. FOR BELFORT PHASE II; 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. 85190 in the amount of $671.76 to guarantee installation of landscaping at Belfort Phase II; and WHEREAS, the City Engineering Department has found that the work has been satisfactorily completed and has recommended release of said bond upon receipt of a one-year warranty bond in the amount of $168.60. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF TAMARAC, FLORIDA: SECTION 1: That the Letter of Credit No. 85190 posted by Lennar Homes, Inc., as Principal, and Manufacturers National Bank of Detroit, as Surety, in the amount of $671.60 for landscaping at Belfort Phase II, is HEREBY RELEASED, subject to receipt of a one-year warranty bond in the amount of $168.60. ECTI 2: This Resolution shall become effective immediately upon adoption. PASSED, ADOPTED AND APPROVED this day of , 1986. ATTEST: MARI N BERTHOLF CITY CLERK I HEREBY CERTIFY that I have approved the form and correct- ness of this RESOLUTION. A B ANT A , - L ATE _._ TY ATTORNEY " dl, BERNA D UART MAYOR 1. MAYOR: HART DIST. 1: C/W MASSARO .., DIST. 2: V/M STELZER DIST. 3: C/M GOTTESMAN DIST. 4: C/M STEIN �.....,