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HomeMy WebLinkAboutCity of Tamarac Resolution R-84-3061 2 3 4 5 7 8 9 10 11 12 13 14 15 16 17 18 1a 0 21 22 23 24 25 26 27 28 29 30 1 2 33 34 35 36 Introduced by G' Temp. #3301 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-84-,306� A RESOLUTION AUTHORIZING THE APPROPRIATE CITY OFFICIALS TO CALL THE PERFORMANCE BOND POSTED BY BONAIRE ASSOCIATES, LTD., FOR PUBLIC IMPROVEMENTS ASSOCIATED WITH WOODMONT TRACTS 74/75 - SITE PLAN 6 PROJECT; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, Bonaire Associates, Ltd., as principal, with The First National Bank of Chicago, as surety, has filed with the City Letter of Credit No. 1402- 00304386 in the amount of $13,320.00 to guarantee public improvements associated with the Woodmont Tracts 74/75 - Site Plan 6 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: 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. 1402-00304386, in the amount of $13,320.00, posted by Bonaire Associates, Ltd., as principal, with The First National Bank of Chicago, as surety, if an extension has not been provided by September 27, 1984. SECTION 3: This Resolution shall become effective upon adoption. PASSED, ADOPTED AND APPROVED this o2Cp day of 1984. 6 A . ATTEST: ASSISTANT CITY CLERK I HEREBY CERTIFY that I have approved the form and corref�ness of this Resolution. _ RECORD OF COUNCIL VOTE MAYOR: KRAVITZ DISTRICT 4: V/M STE_ IN _ DISTRICT 3: C/M STELZER DISTRICTJ2: CIM MUNITZ z2, DISTRICT ,1: CIM DUNNE C