HomeMy WebLinkAboutCity of Tamarac Resolution R-83-189Introduced by Temp. Temp. #2783
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CITY OF TAMARAC, FLORIDA
RESOLUTION NO. R-83- /Of
A RESOLUTION AUTHORIZING APPROPRIATE OFFICIALS
TO CALL THE BOND POSTED BY MONTWOOD INC., FOR
PUBLIC IMPROVEMENTS ASSOCIATED WITH WOODMONT
TRACT 54; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, Montwood, Inc., as principal, has filed with the City
Letter of Credit No. 1402-00302685 in the amount of $65,181.20 with The
First National Bank of Chicago, as surety, thereunder to guarantee
public improvements associated with Woodmont Tract 54; 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 set forth above are true and
correct.
SECTION 2: That Letter of Credit No. 1402-00302685 in the
amount of $65,181.20 posted by Montwood, Inc., as principal, and The
First National Bank of Chicago,as surety, is hereby called by the City
of Tamarac if an extension has not been provided to said bond on or
before July 25, 1983.
SECTION 3: This Resolution is effective upon adoption.
PASSED, ADOPTED AND APPROVED this 43
day of , 1983.
OR
ATTEST:
ASSISTANT CITY CLERE
I HEREBY CERTIFY that I have
approved the form and correctness
RECORD OF COUNCIL VOTE
MAYOR:
DISTRICT 1:
DISTRICT 2:
DISTRICT 3:
DISTRICT 4-