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Resolution 7886 RESOLUTION 110. 7886 WHEiAS, the City of iliami Beach did, on the 10th day of October, A. D. 1951, enter into a written contract with R. E. Vaughan, Inc. , a Florida Corporation, said contract being designated as "Contract 67-SR Storm Sewers in Prairie Ave. Section - 29 thru. 34 Streets", and which contract con- templated the construction of certain storm sewers therein described, and WHEREAS, the City Council of the City of Miami Beach has determined that the construction of the improvement con- templated by the said contract is not presently feasible, and WHEREAS, the City of aiiami Beach and the said li. L. Vaughan, Inc. , a 21orida Corporation, have mutually agreed to cancel and annul said contract, and WHEREAS, the City Attorney has prepared an agreement, a copy of which is hereto attached, whereby said contract is, by mutual consent of the parties thereto, cancelled and annulled, NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Miami Beach, Florida, that the Mayor and the City Clerk be and they are hereby authorized and directed to execute the said agreement for and in the name of said City, cancelling and annuling the said contract, together with the performance bond furnished by R. E. Vaughan, Inc. , to the City of Miami Beach. PASSED and ADOPTED this19th day of December, A. D. 1951. K.) Lae_ (7V-- ---R.---Q-----<=P— Attest: C7C...-j ‘A.lige.r...2.4.4.. ..._ �C i ty le rk i OFFICE OF CITY ATTORNEY - CITY HALL - MIAMI BEACH 39, FLORIDA THIS AGRE a NIT, Made and entered into this .......... day of December, D. 1951, by and between the CITY CF !L 1I MACH, FLORIDA, a municipal corporation, hereinafter called the "City` and R. E. VAUUGHAN, INC., a Florida Corporation, hereinafter called the "Contractor"; W I T N E S S E T R s W EREAS, the parties hereto did on the 10th day of October, A. D. 1951, enter into a written contract by the teres of which the Contractor„ in consideration of the compensation in said contract ;rovided, greed to construct an improvement in said contract designated as "CO TRACT 67»SR STORM SEWERS IN PRAIRIE AVE SECTION •• 29 mu 34 STREETS", and WHEREAS, the City desires to abandon the construction of the improvement contemplated by said contract and to cancel said contract, and the Contractor is Wil.linC to forego &ta rights under said contract and to cancel the samze, and 7. .T17:AS, in connection with said contract the Contractor has heretofore furnished to the City a performance bond dated October 10, 1951, in the sum of 11,668.00 with Indemnity Insurance Company of North AMorica, as Surety, NOW, TnERE ORL, in consideration of the covenants herein can. tamed, it is hereby agreed between the City and the Contractor that the said contract between the parties dated October 10, 1951, be and the same is hereby cancelled, annulled and declared to be of no effect, and the said City and the said Contractor do hereby each release the other from any and all obligations of whatsoever kind by reason of the said contract. The City hereby releases and discharges the said Indemnity Insurance Company of North America from any and all obligations which it may have assumed by reason of said bond given as aforesaid under date of October 10, 1951. IN WITNESS WHEREOF, the City and the Contractor have caused these presents to be signed by their duly authorized officers OFFICE OF CITY ATTORNEY - CITY HALL - MIAMI BEACH 39, FLORIDA and their respective seals to be affixed, the day and year first above written. CITY OF MIAMI BEACH, 11.4RIDA By Mayor Attest: City Clerk R. E. VAUGHAN, INC. By res n Attest: mac l-etary OFFICE OF CITY ATTORNEY - CITY HALL - MIAMI BEACH 39, FLORIDA •r-1 N C-I GD «i OD U 114 a cd Z 0 ,- H Z oC/) H Z U (24 0 HH b0 H A N ,..a H Q) 0 a) C/) oa) t� cd -P