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HomeMy WebLinkAboutCity of Tamarac Resolution R-82-215Introduced by JyL� Temp. # 2393 1 2 3 4 5 7 8 10 11 12 13 14 15 16 17 -3 3 20 21 22 23 24 25 26 27 28 29 30 sL 33 34 35 36 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R -ga "02/� A RESOLUTION RELEASING A PERFORMANCE BOND POSTED FOR PUBLIC IlMPPOVEMNTS BY NICHOLAS A. CASSAS FOR MAINLANDS CENTER. WHEREAS, Nicholas A. Cassas, as Principal, and Southeast First (National Bank of Miami, as Surety, has filed with the City Letter of Credit #L02740 in the amount of $8,000.00 to guarantee public improvements at Mainlands Center WHEREAS, the City Engineer has recommended release of said Letter of Credit upon receipt of a one-year warranty bond in the amount of $1,996.75, and subject to the planting of certain trees as required by Code prior to the expiration date of said Letter of Credit NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF TAMARAC, FLORIDA: SECTION 1: That the Letter of Credit #L02740 posted by Nicholas A. Cassas, as Principal, and Southeast First National Bank of Miami, as Surety, in the amount of $1,996.75 for public improvements at Mainlands Center is HEREBY RELEASED, subject to receipt of a one-year warranty bond in the amount of $1,996.75, and subje to the planting of certain trees as required by Code prior to the expiration of said Letter of Credit expiring August 10, 1982. The proper City officials are authorized and directed to call said Letter of Credit on August 6, 1982 if the conditions of release have not been satisfied. SECTION 2: This Resolution shall become effective immediately upon adoption. PASSED, ADOPTED AND APPROVED this �day of , 1982. ATTEST: 149 ASSISTANT CITY CLEPE I HERESY CERTIFY that I have MAYOR: approved the form 4d correctness DISTRICT of this solutio DISTRICT DISTRICT CIT�P'NEY' / DISTRICT RECORD OF COUNCIL VOTE