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RESOLUTION NO. 2005- 180 <br /> 1. That Diamond Court L.P., Ltd. has defaulted under the terms of the <br /> aforementioned Contract for Construction of Required Improvements. <br /> 2. The amount of the draft represents the amount required by the <br /> County to fulfill the performance of said Contract for Construction of Required <br /> Improvements. <br /> 3. Office of Management and Budget is directed to present a sight <br /> draft in the amount of $143,0.78.06 marked "DRAWN UNDER SUNTRUST <br /> BANK IRREVOCABLE LETTER OF CREDIT NO. P001425 DATED AUGUST <br /> 02, 2004" to SunTrust Bank, 501 E. Las Olas Blvd., Attn: Letter of Credit <br /> Department-GA-ATL-3706, Ft. Lauderdale, FL 33301 on or before November <br /> 10, 2005. <br /> The resolution was moved for adoption by Commissioner Neuberger and <br /> the motion was seconded by Commissioner Bowden , and, upon being put to <br /> a vote, the vote was as follows: <br /> Chairman Thomas S. Lowther Aye <br /> Vice Chairman Arthur R. Neuberger Aye <br /> Commissioner Wesley S. Davis Aye <br /> Commissioner Gary C. Wheeler AQP <br /> Commissioner Sandra L. Bowden Aye <br /> The Chairman thereupon declared the resolution duly passed and <br /> adopted this 1 st day of November, 2005. <br /> BOARD OF COUNTY COMMISSIONERS <br /> INDIA IVER COUNTY, FLORIDA <br /> By <br /> Thomas S. Lowther, Chairman <br /> AT Jeffrey'K. a ni Clerk <br /> g APPROVED AS TO FORM <br /> Deputy Clerk AND LEGALSUF ICIE Y <br /> 2 BY <br /> WILLIAM G.6OLLINS 11 <br /> COUNTY ATTORNEY <br /> F:WtomeylNancy\DOCS\RES\Reso calling diamond court village subdivision.doc <br />