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HomeMy WebLinkAboutCity of Tamarac Resolution R-86-0401 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 is 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 Introduced by Temp. Reso.#3976 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-86-_Z0 A RESOLUTION RELEASING A PERFORMANCE BOND POSTED FOR PUBLIC IMPROVEMENTS BY PHILIP L. FRYBERGH AND/OR JAMALINE PROPERTIES INC. FOR PROGRAM UNDERWRITERS BUILDING; AND PROVIDING AN EFFECTIVE DATE, WHEREAS, Philip L. Frybergh and/or Jamaline Properties Inc., as Principal, and Hartford Accident and Indemnity Company, as Surety, has filed with the City Bond No. 4505867 in the amount of $875.00 to guarantee public improvements at Program Underwriters Building; 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 $257.00 and payment of additional engineering fees due in the amount of $42.55; and WHEREAS, Philip L. Frybergh has posted a one year cash warranty bond in the amount of $257.00 and has paid the additional engineering fees due in the amount of $42.55. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF TAMARAC, FLORIDA: SECTION -1: That the Bond No. 4505867 posted by Philip L. Frybergh and/or Jamaline Properties Inc., as Principal, and Hartford Accident and Indemnity Company, as Surety, in the amount of $875.00 for public improvements at Program Underwriters Build- ing is HEREBY RELEASED. SECTION 2: This Resolution shall become effective immedi- ately upon adoption. PASSED, ADOPTED AND APPROVED this.�ZL-Iay of , 1986. MAYOR ATTEST: CITY LERK RECORD OF COUNCIL VOTE I HEREBY CERTIFY that I have MAYOR: KRAVITZ approved the f m and correct- ness of this SOLUTION. a DIST 3: C/M GOTTESMAN CITY ATTORNEY DIST 2: C/M MUNITZ_._,�_ DIST 1: VIM MASSARO U "