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HomeMy WebLinkAboutCity of Tamarac Resolution R-84-132Introduced by Temp. Reso. #3105 Revised 4/24/84 1 CITY OF TAMARAC, FLORIDA 2 RESOLUTION NO. R-84--'Z3�__ 3 A RESOLUTION RELEASING A PERFORMANCE BOND POSTED BY AUGUST URBANEK AND F. G. AND BROS. 4 MANAGEMENT COMPANY (GRANEK PROPERTIES), FOR THE LAKESIDE AT TAMARAC PROJECT; AND PRO- 5 VIDING AN EFFECTIVE DATE. 6 WHEREAS, August Urbanek and F. G. and Bros. Management 7 Company (Granek Properties), as Principal, with the Atlantic Bank, as 8 Surety, has filed with the City Letter of Credit No. 436 in the amount 9 of $127,461.75 to guarantee public improvements associated with the 10 Lakeside at Tamarac project; and 11 WHEREAS, the City Engineer has found that the work has 12 been satisfactorily completed and has recommended release of said bond 13 upon receipt of a one-year warranty bond in the amount of $32,027.21. 14 NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF TAMARAC, 15 FLORIDA: 16 SECTION l: That the Letter of Credit No. 436 posted by 17 August Urbanek and F. G. and Bros. Management Company (Granek 18 Properties), as Principal, and Atlantic Bank, as Surety, in the amount 19 of $127,461.75 for public improvements at Lakeside at Tamarac is 20 HEREBY RELEASED, subject to receipt of a one-year warranty bond in the amount of ;$32,027.21. 21 SECTION 2: This Resolution shall become effective 22 23 immediately upon adoption. 24 PASSED, ADOPTED AND APPROVED this ZS day of , 1984. 25 26 27 MAYO ATTEST: 28 29 ASSISTANT CITY CLERK 30 1 HEREBY CERTIFY that I have approved the f , m and correctness RECORD OF COUNCIL VOTE 31 of t is Resol Lion. MAYOR: XPAVITZ 32 CITY ATTORNEY 33 ')4TR9E" .--- . 34 DISTRICT;:".- a.; r; MUNITZ DISTRICT 1. /M DOWW'' b