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HomeMy WebLinkAboutCity of Tamarac Resolution R-81-239Introduced by:_111A, Temp. # 2076 Rev. 10/28/81 1 2 3 4 5 5 8 9 10 11 12 13 14 15 16 17 18 a 21 22 23 24 25 26 27 28 29 30 33 34 35 36 CITY OF TAMARAC, FLORIDA RESOLUTION NO. A RESOLUTION RELEASING A BOND POSTED BY RAFRAN DEVELOPMENT CORPORATION FOR MEDIAN CUT ON UNIVERSITY DRIVE AT THE ROSEN/ALLEGRETTI PARCEL-6500 UNIVERSITY DRIVE BE IT RESOLVED BY THE COUNCIL OF THE CITY OF TAMARAC, FLORIDA: SECTION 1: FINDINGS OF FACT AND RELEASE OF BOND. Irrevocable Letter of Credit No. 1-0003332-6-06 in the amount of!$14,876.00 was posted by Rafran Development Corporation,as Principal, through Interamerican Federal Savings & Loan Association of Miami, as Suretyafor installation of a median cut atapproximately 6500 University Drive. The City Engineer has found that the work has been satisfactorily completed and accordingly said bond is released subject to receipt of a one-year warranty bond in the amount of $3,855.50. PASSED, ADOPTED AND APPROVED this 1:0 _;al day of 1981. MA O ATTEST: As"st. City Clerk MAYOR: I HEREBY CERTIFY THAT DISTRICT I have approved the form DISTRICT and correctness of this RESOLUTION. DISTRICT DISTRICT City Attorney RECORD OF COUNCIL VOTE