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HomeMy WebLinkAboutCity of Tamarac Resolution R-86-0411 2 3 4 5 6 7 6 E� 10 11 12 13 14 15 Introduced by �//M Temp. Reso.#3973 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-86-�_ A RESOLUTION PERTAINING TO DISPOSITION OF A BOND POSTED BY MCDEVITT & STREET COMPANY FOR PUBLIC IMPROVEMENTS ASSOCIATED WITH UNIVERSITY COMMU-- ITY HOSPITAL PROJECT; AND PROVIDING AN EFFECTIVE DATE, WHEREAS, McDevitt & Street Company, as principal, with The American Insurance Company, as surety, has filed with the City Bond No. 4175921 in the amount of $8,200.00 for public improvements associated with the University Community Hospital project; and WHEREAS, the bond is due to expire and there is not properly completed work; and WHEREAS, the principal has been notified that the work is not properly completed. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF TAMARAC, FLORIDA: h9ECTIONThat the recitations set forth above are true and 16 1 correct. 17 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 SECTIQN 2: That the appropriate City officials are hereby authorized to call Bond No. 4175921, in the amount of $8,200.00 posted by McDevitt & Street Company, as principal, with The Ameri- can Insurance Company, as surety, if the remedial repairs are not completed or if an extension to this bond has not been provided on or before January 30, 1986. SECTION 3: That Bond No. 4175921 be released if the reme- dial repairs are completed on or before January 30, 1986. SECTION 4: This Resolution shall become effective immedi- ately upon its adoption. PASSED, ADOPTED AND APPROVED thisve�day of , 19-86. 11151 MAYOk RECORD OF COUNCIL VOTE I HEREBY CERTIFY that I have approvepAYOR: KRAVITZ the form and Corr ctness of this RESOLUTION. DIST 4: C/M STEIN DIST 3: C/M GOTTESMAN Y AT ORNEY DIST 2: C/M MUNITZ - DIST 1: V M M S ARO +.1:.►