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86-RRRESOLUTION NO. 86-~ A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BOYNTON BEACH, FLORIDA, REDUCING THE PERFORMANCE BOND FOR BOYNTON LAKES, PLAT NO. 2, IN SECTION 8, TOWNSHIP 45 SOUTH, RANGE 43 EAST AS RECORDED IN PLAT BOOK 46, PAGES 138 and 139 OF PALM BEACH COUNTY RECORDS WHEREAS, earthwork, paving and drainage, water distri- bution system and sewage collection system improvements have been made~ andy WHEREAS, the value of the uncompleted work is $45,863.75, NOW, THEREFORE, BE IT RESOLVED 'BY THE CITY COUNCIL OF THE CITY OF BOYNTON BEACH, FLORIDA, THAT: The performance bond may be reduced from the value of $136,339.00 as stated in Resolution No. 86-I to $45,863.75. PASSED AND ADOPTED THIS~O~day of .~~ CITY OF BOYNTON BEACH, FLORIDA ,1986. ATTEST ~ (.Corp, Seal ).