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HomeMy WebLinkAboutCity of Tamarac Resolution R-81-240Introduced by: M / Temp. # 2077 Rev. 10/28/81 1 2 31 4 5 8 9 10 11 12 13 14 15 16 17 18 1° 21 22 23 24 25 26 27 28 29 30 33 34 35 36 CITY OF TAMARAC, FLORIDA RESOLUTION NO. A RESOLUTION AUTHORIZING APPROPRIATE OFFICIALS TO CALL THE BOND POSTED BY HEFTLER REALTY COMPANY FOR HEFTLER HOMES PROJECT 7/K/A BURNHAM LEA WHEREAS, Heftler Realty Company, as principal, has filed with the City a Letter of Credit No. 1196 for $22,2.01.00, with First American Bank of Palm Beach Co., as surety, thereunder to guarantee construction of sidewalks, 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 the Letter of Credit No. 1196-$22,290.00 posted by Heftler Realty Company, as principal,and First American Bank of Palm Beach County, as surety is hereby called by the City of Tamarac. SECTION 3: This resolution shall become effective upon the failure of Heftler Realty Company to renew the bond by November 10, 1981. PASSED, ADOPTED AND APPROVED this day of , 1981. MAYO ATTEST: Asst. Cify Clerk MAYOR: I HEREBY CERTIFY that I have approved the form and DISTRICT correctness of this RESOLUTION. DISTRICT DISTRICT DISTRICT City Attorney RECORD OF COUNCIL VOTE