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RESOLUTION NO. 76-19 <br />WHEREAS, between April 2, 1958 and June 3, 1971, Indian River <br />County, a political subdivision of the State of Florida, required <br />General Development Corporation, a Delaware Corporation, to <br />provide said County with certain Performance Bonds on property <br />descrbed as: <br />VERO BEACH HIGHLANDS, Units No. 2, 3, 4 and 5 <br />and <br />VERO SHORES., Units No. 1 <br />and <br />WHEREAS, said Performance Bonds were for the guarantee of <br />completion of certain Subdivision improvements on the above <br />described property, said Bonds being null and void upon the <br />said completion of the Subdivision improvements; and <br />• WHEREAS, as of the date of this Resolution all of the <br />requirements for completion as described in said Bonds have <br />been fulfilled; <br />NOW, THEREFORE, BE IT RESOLVED BY THE INDIAN RIVER COUNTY <br />BOARD OF COUNTY COMMISSIONERS, that those certain Performance <br />Bonds as pertaining to: <br />VERO BEACH HIGHLANDS, Units No. 2, 3, 4 and 5 <br />and <br />VERO SHORES, Units No.`l <br />provided to said County by General Development Corporation, a <br />Delaware Corportaion, and the Surety Companijps described in <br />said Bonds shall be released from the obligations as described <br />in the Bonds themselves. <br />Such Resolution shall become effective as of the 24th <br />day of March , 1976. <br />BOARD OF COUNTY COMMISSIONERS OF <br />INDIAN RIVEROUN Y, F RPA <br />By / <br />Willard Siebert, Jr., jGhi n <br />Attest: <br />Ralph Ha ris, Clerk <br />25 ^ <br />