HomeMy WebLinkAbout1976-019RESOLUTION NO. 76-19
WHEREAS, between April 2, 1958 and June 3, 1971, Indian River
County, a political subdivision of the State of Florida, required
General Development Corporation, a Delaware Corporation, to
provide said County with certain Performance Bonds on property
descrbed as:
VERO BEACH HIGHLANDS, Units No. 2, 3, 4 and 5
and
VERO SHORES, Units No. 1
and
WHEREAS, said Performance Bonds were for the guarantee of
completion of certain Subdivision improvements on the above
described property, said Bonds being null and void upon the
said completion of the Subdivision improvements; and
WHEREAS, as of the date of this Resolution all of the
requirements for completion as described in said Bonds have
been fulfilled;
NOW, THEREFORE, BE IT RESOLVED BY THE INDIAN RIVER COUNTY
BOARD OF COUNTY COMMISSIONERS, that those certain Performance
Bonds as pertaining to:
VERO BEACH HIGHLANDS, Units No. 2, 3, 4 and 5
and
VERO SIIORES, Units No. 1
provided to said County by General Development Corporation, a
Delaware Corportaion, and the Surety Companies described in
said Bonds shall be released from the obligations as described
in the Bonds themselves.
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Such Resolution shall become effective as of the 24th
day of March , 1976.
BOARD OF COUNTY COMMISSIONERS OF
INDIAN RIVER COUNTY,
By In
�. Willard W. Siebert, Jr., arirmi
,
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Attest:
Ra�p1a-;. is; C eY'
r.
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