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HomeMy WebLinkAboutCity of Tamarac Resolution R-84-0161 2 3 41 i 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 32 33 34 Introduced by �� Temp. #3001 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-84- A RESOLUTION PERTAINING TO DISPOSITION OF A WARRANTY BOND POSTED BY FEDERATED DEPARTMENT STORES, INC. FOR THE RICHWAY PROJECT; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, Federated Department Stores, Inc., as Principal, with Insurance Company of North America, as Surety, has filed with the City Bond No. 521976 in the amount of $14,642.50 to guarantee public improvements associated with the Richway 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 as set forth above are true and correct. SECTION 2: That the appropriate City officials are hereby authorized to call Bond No. 521976 in the amount of $14,642.50 posted to guarantee public improvements associated with the Richway project if the remedial repairs are not completed on or before January 30, 1984, or if the bond has not been extended by that date SECTION 3: That said bond be released if the remedial repairs are accomplished on or before January 30, 1984. SECTION 4: This Resolution shall become effective upon adoption. PASSED, ADOPTED AND APPROVED this day of , 1984. t R ATTEST: MAM ASSISTANT CITY CLERK I HEREBY CERTIFY that I have approved the orm and correctness of this Reso tion. RECORD OF 1CC)U ICIL VOTE MOOR FALCK:-- DIST. 1: C/M DIST. 2: V/M MASS `-' DIST. 3: C/M STELZEa DIST. 4: C/M KRANTZ U