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HomeMy WebLinkAboutCity of Tamarac Resolution R-84-3041 Introduced by TEMP. #3299 2 3, 4 5' 8 9 10 11 12 13 14 15 16 17 18 3 0 21 22 23 24 25 26 27 28 29 30 1 2 33 34 35 36 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-84- 3° A RESOLUTION AUTHORIZING PARTIAL RELEASE OF A CASH PERFORMANCE BOND POSTED FOR PUBLIC IMPROVEMENTS BY VORDERMEIER MANAGEMENT CO., FOR MARSHALL'S PLAZA; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, Vordermeier Management Co. has posted with the City a Cash Bond in the amount of $10,000.00 to guarantee public improvements at Marshall's Plaza; and WHEREAS, the Engineering Department has found that the work has been satisfactorily completed and has recommended release of $5,000.00 of the $10,000.00 cash bond with $2,500.00 being retained by the City as a one-year warranty bond and $2,500.00 being retained pending the repair and cleaning of the wall. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF TAMARAC, FLORIDA: SECTION 1: That $5,000.00 of the $10,000.00 cash bond posted by Vordermeier Management Co., for public improvements at Marshall's Plaza, is HEREBY RELEASED, with $2,500.00 being retained by the City as a one-year warranty bond and $2,500.00 being retained pending the repair and cleaning of the wall. SECTION 2: This Resolution shall become effective immediately upon adoption. PASSED, ADOPTED AND APPROVED this day of ,, �✓ 1984. ATTEST: ASSISTANT CITY CLERK I HEREBY CERTIFY that I have approved the form and correctness of this MA RECORD OF COUNCIL VOTE MAYOR: KRAVITZk DISTRICT 4: VIM, STEIN DISTRICT 3: C/M STELZERi2 DISTRICT 2: C/M MUNITZ DISTRICT 1: C/M DUNNE