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HomeMy WebLinkAboutCity of Tamarac Resolution R-82-148Introduc•?d by r Temp. # 2293 Rev. 5/ 1 2 3 4 5 r 8 9 10 11 13 14 15 16 17 18 - 21 22 23 24 25 26 27 28 29 30 , 2 33 34 35 36 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R- A RESOLUTION AUTHORIZING RELEASE OF A WARRANTY CASH BOND POSTED BY SCHMIDT INDUSTRIES, INCORPORATED FOR ISLES OF TAMARAC. WHEREAS, a warranty bond in the amount of $16,000.00 was posted by Schmidt Industries, Incorporated for Isles of Tamarac; and WHEREAS, the City Engineer has made an inspection and has found the work satisfactory and, accordingly, recommends release of said warranty bond; and WHEREAS, the City Council desires to release a portion of said warranty bond. NOW, THEREFORE, BE IT RESOLVED BY.THE COUNCIL OF THE CITY OF TAMARAC, FLORIDA: SECTION 1: That $13,000.00 of the warranty bond in the amount of $16,000.00, posted by Schmidt Industries, Incorporated, for Isles of Tamarac, is hereby released, with the balance of the bond, $3,000.00, being retained by the City until all outstanding monies owed the City for water and sewer service for the recreation area have been paid. PASSED, ADOPTED AND APPROVED thisr6--2��Oday of—'7Wa4 1982. ATTEST: - i --CLRR - I HEREBY CERTIFY that I have approved the form and correctness of this RESOLUTION.; _ f C— C4IT��ATTO RECORD OF COUNCIL VOTE ►UMOIR DISTRICT 1: DISTRICT 2: DISTRICT 3: DISTRICT 4: