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HomeMy WebLinkAboutCity of Tamarac Resolution R-84-0722 2 3 4 6 i 9 10 11 12 13 14 25 20 21 22 23 24 25 26 27 32 33 34 33 36 Introduced by C CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-84- 1� Temp. Reso. #3051 A RESOLUTION RELEASING A PERFORMANCE BOND POSTED BY LENNAR HOMES, INC. FOR A PORTION OF SIDEWALK ON NOB HILL ROAD FOR KINGS POINT PROFESSIONAL PLAZA: AND PROVIDING AN EFFECTIVE DATE. WHEREAS, Lennar Homes, Inc., as Principal, and Citibank, N.A., as Surety, has filed with the City Letter of Credit No. NABG-R90914F in the amount of $1,275.00 to guarantee a portion of sidewalk on Nob Hill Road for Kings Point Professional Plaza; and WHEREAS, the City Engineer 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 $414.30 and payment of additional engineering fees in the amount of $124.29. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF TAMARAC, FLORIDA: SECTION 1: That Letter of Credit No. NABG-R90914F posted by Lennar Homes, Inc., as Principal, and Citibank, N.A., as Surety, in the amount of $1,275.00 for a portion of sidewalk on Nob Hill Road for Kings Point Professional Plaza is HEREBY RELEASED, subject to receipt of a one-year warranty bond in the amount of $414.30 and payment of additional engineering fees in the amount of $124.29. SECTION 2: This Resolution shall become effective immediately upon adoption. PASSED, ADOPTED AND APPROVED this day of �%-�`� 1984. M YOR ATTEST: 6�� ASSISTA CITY CLERK RECORD OF COUNCIL VOTE I HEREBY CERT Y that I have approved the orm and correctness MAYOR FALCK: o is Reso ution. t DIST. 1: C/M KRAVITZ: T ATTORNEY DIST. 2: V/M MASSARO: C/ DIST. 3: C/M STELZER: DIST. 4: C/M KRANTZ: