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HomeMy WebLinkAboutCity of Tamarac Resolution R-84-3201 2 3 4 5 u 10 11 12 13 14 15 16 17 21 22 23 24 25 26 27 28 29 30 1 2 33 34 35 36 Introduced by�Z>�v CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-84-3a?b A RESOLUTIONi AUTHORIZING THE APPROPRIATE CITY OFFICIALS TO CALL PERFORMANCE BOND 'POSTED BY LENNAR HOMES, INC., FOR PUBLIC IMPROVEMENTS ASSOCIATED WITH KINGS POINT RECREATION COMPLEX; AND PROVIDING Ali EFFECTIVE DATE. Temp. #3326 WHEREAS, Lennar Homes, Inc., as principal, with Citibank, N.A., as surety, has filed with the City Letter of Credit No. IIABG-R90760F, in the amount of $61,240.50 to guarantee public improvements associated with Kings Point Recreation Complex; 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: SECTION 1: That the recitations set forth above are true and correct. SECTION 2: That the appropriate City officials are hereby authorized to call Letter of Credit No. NABG-90760F, in the amount of $61,240.50, posted by Lennar Homes, Inc., as principal, with the Citibank, N.A., as surety, if an extension has not been provided by October 11, 1984. SECTION 3: This Resolution shall become effective upon adoption. PASSED, ADOPTED AND APPROVED this /d day ofy6z� 1984. ATTEST: CITY CLERI: I HEREBY CERTIFY that I have approved the form and correctness of this Resolution. RECORD OF COUNCIL VOTE MAYC3R: KRAVITZ DISTRICT 4� DISTRICT 3: - t frELZER DISTRICT -9- MUNITZ�9 i31S',I