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HomeMy WebLinkAboutCity of Tamarac Resolution R-84-3501 2 3 4 5 7 8 9 10 11 12 13 14 15 16 17 18 a 120 21 22 23 24 25 26 27 28 29 30 1 132 33 34 35 36 Introduced by �i _ Temp. Reso. #3366 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-84-360 A RESOLUTION RELEASING FIVE (5) WARRANTY BONDS POSTED FOR PUBLIC IMPROVEMENTS BY LENNAR HOMES, INC., FOR KINGS POINT PROFESSIONAL PLAZA; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, Lennar Homes, Inc., as Principal, and Citibank, N.A., as Surety, has filed certain Letters of Credit to guarantee public improvements at Kings Point Professional Plaza; and WHEREAS, the Engineering Department has found that the work has been satisfactorily completed and has recommended release of said warranty bonds. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF TAMARAC, FLORIDA: SECTION 1: That the following Letters of Credit posted by Lennar Homes, Inc., as Principal, and Citibank, N.A., as Surety, are HEREBY RELEASED: a. Letter of Credit No. NABG-R90915F for $4,944.12 for the sanitary sewer system. b. Letter of Credit No. NABG-R90916F for $2,120 for the water distribution system. c. Letter of Credit No. NABG-R90917F for $4,829.92 for the paving and drainage. d. Letter of Credit No. NABG-R90918F for $2,943.44 for the sidewalks and curbs. e. Letter of Credit No. NABG-R90919F for $450.00 for the landscaping. SECTION 2: This Resolution shall becone effective upon adoption. PASSED, ADOPTED AND APPROVED this 3o day of 1984. ATTEST: -ASSISTANTCITY CLERK I HEREBY CERTIFY that I have approved the fo m and correctness � of Relution. S CIr2Y/ATTOR'NEY RECORD OF COUNCIL VOTE MANOR: KRAVITZ DISTRICT4: V/M STEIN DISTRICT3: C/M STELZER DISTRICT2: C/M MUNITZ DISTRICTI: C/M BERNSTEIN