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HomeMy WebLinkAboutCity of Tamarac Resolution R-83-353Introduced by V/M Massaro Temp. # 2 954 CITY OF TAMARAC, FLORIDA 1 2 3 d 8 9 10 11 12 13 14 15 16 17 9 20 21 22 23 24 27 28 29 30 33 1 34 35 36 RESOLUTION NO. R-83-353 A RESOLUTION AUTHORIZING THE APPROPRIATE CITY OFFICIALS TO CALL THE PERFORMANCE BOND POSTED BY C.W.C.C., INC. FOR THE COLONY WEST COUNTRY CLUB PROJECT; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, C.W.C.C., Inc., as principal, with NCNB National Bank,l as surety, has filed with the City Letter of Credit No. SBO130 in the amount of $32,689.50 to guarantee public improvements associated with the Colony West Country Club 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 Letter of Credit SBO130 in the amount of $32,689.50 posted to guarantee public improvements associated with the Colony West Country Club project if the remedial repairs are not completed on or before December 30, 1983, or if the bond has not been extended by that date. SECTION 3: This Resolution shall become effective upon adoption. PASSED, ADOPTED AND APPROVED this ATTEST: 28th day of December , 1983. MA OR ASSISTANT CITY CLERK RECORD OF COUNCIL VOTE I HEREBY CERTIFY that I have MAYOR FALCK: approved the forul and correctness of this Resolut' n. DIST. 1: C/M KRAVITZ: DIST. 2: V/M MASSARO: DIST. 3: CIM STELZER: A DIST. 4: C/M KRANTZ: