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HomeMy WebLinkAboutCity of Tamarac Resolution R-84-059Introduced by © �� Temp. #3038 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22' 23 i 24 25 26 27 28 29 30 31 32 33 34 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-84- 5 % A RESOLUTION RELEASING A PERFORMANCE 'BOND POSTED FOR PUBLIC IMPROVEMENTS BY TAMARAC TOWN SQUARE; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, Tamarac Town Square, as Principal, and Fidelity and Deposit Company of Maryland, as Surety, has filed with the City, a bond in the amount of $145,000.00 to guarantee public improvements at Tamarac Town Square; 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 $38,958.75. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF TAMARAC, FLORIDA: SECTION 1: That the bond posted by Tamarac Town Square, as Principal, and Fidelity and Deposit Company of Maryland, as Surety, in the amount of $145,000.00 for public improvements at Tamarac Town Square, is HEREBY RELEASED, subject to receipt of a one-year warranty bond in the amount of $38,958.75. SECTION 2: This Resolution shall become effective immediately upon adoption. �,i PASSED, ADOPTED AND APPROVED this%i1"1 day of , 1984. ATTEST: ASSISTANT CITY CLERK RECORD OF COUNCIL I HEREBY CERTIFY that I have MAYOR FALCK• approved the f m and correctness of this RESOL ION. DIST. 1: C/M KRAVITZ: DIST. 2: V/M MASSARO: CIr ATTO N Y DIST. 3: C/M STELZER: DIST. 4: C/M KRANTZ: