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HomeMy WebLinkAboutCity of Tamarac Resolution R-86-319li 2 3 4 5 6 7 8 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 35 36 Introduced by: V/ Temp. Reso. #4288 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-86- 31J A RESOLUTION RELEASING A WARRANTY BOND POSTED FOR PHASE I SEWER, BY LENNAR HOMES, INC. FOR KINGS POINT-BELFORT AND PROVIDING AN EFFECTIVE WHEREAS, Lennar Homes, Inc. as Principal, and Manu- facturers National Bank, as Surety, has filed with the City a warranty Letter of Credit No. #84147 in the amount of $12,899.25 to guarantee installation of sewers at Belfort Phase I. WHEREAS, the City Engineering Department has found that the work has been satisfactorily completed and has recom- mended release of said warranty bond. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF TAMARAC, FLORIDA: SECTION 1: That the warranty Letter of Credit No. #84147 posted by Lennar Homes, Inc, as Principal, and Manufacturers National Bank, as Surety, in the amount of $12,899.25 for installation of sewers at Belfort Phase I, is HEREBY RELEASED. SECTION -2: This Resolution shall become effective immediately upon adoption. PASSED ADOPTED AND APPROVED this ?41 day of Z ,1986. ATTEST: BERNARD HART; MAYOP, MARILYN BtRTIfOLF, CI CLERK ty MAYOR: HART I HEREBY CERTIFY THAT I have DIST. 1: C/W MASSARO approved the form and correct- ness of this RESOLUTION. DIST. 2: V/M STELZER DIST. 3: C/M GOTTESMAN�, DIST. 4: C/M STEIN A. BRYA1 APP 'GA , CITY ATTORNEY