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HomeMy WebLinkAboutCity of Tamarac Resolution R-84-2811 Introduced by !/ Temp. # 3 2 7 9 K 3 4 5 7 8 9 10 11 12 13 14 15 16 17 22 23 24 25 26 27 28 29 30 12 33/ 34 35 36 CITY OF T,411ARAC, FLORIDA RESOLUTION NO. R-84-':Cx A RESOLUTION RELEASING A PERFORMANCE BOND POSTED FOR PUBLIC IMPROVEMENTS BY CWM, INC., FOR PUBLIC IMPROVEMENTS AT COLONY WEST. COUNTRY CLUB; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, CWM, Inc., as Principal, and Broward Federal Savings and Loan Association, as Surety, has filed with the City Letter of Credit No. 3-UFM in the amount of $32,689.50 to guarantee public improvements at Colony West Country Club; and WHEREAS, the Engineering Department has found that the work has been satis- factorily completed and has recommended release of said bond upon receipt of a one-year warranty bond in the amount of $9,492.25. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF TAMARAC, FLORIDA: SECTION 1: That the Letter of Credit No. 3-UFM posted by CWM, Inc., as Principal, and Broward Federal Savings and Loan Association, as Surety, in the amount of $32,689.50 for public improvements at Colony West Country Club, is HEREBY RELEASED, subject to receipt of a one-year warranty bond in the amount of $9,492.25. SECTION 2: This Resolution shall become effective immediately upon adoption. PASSED, ADOPTED AND APPROVED this, day of 1984. ATTEST: �3, ASSISTANT CITY CLERK I HEREBY CERTIFY that I have approved the form and correctness of this RESOLUTION. �r AT R RECORD CE COUNCIL VOTE MAYOR. DISTRICT 4: V/M STEIN � DISTRICT 3: C/M STELZER DISTRICT 2: C/M MUNITZ 2 '' DISTRICT 1: C/M DUNNE