Comwel Development Corp. v. City of Deerfield Beach

ANSTEAD, Judge.

This is an appeal by Comwel Development Corporation from a final declaratory judgment declaring Comwel to have no rights under payment and performance bonds issued by a compensated surety, ap-pellee Fidelity and Deposit Company of Maryland, by virtue of an assignment made of those rights to the appellee City of Deer-field Beach; and a corrected final declaratory judgment dismissing Comwel’s claim against the surety under the bonds.

*717Appellant Comwel is the owner and developer of Natura, a planned unit development (P.U.D.) in Deerfield Beach. On May 29, 1974, Comwel entered into…