85-OOORESOLUTION NO. 85- ~O~
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF BOYNTON BEACH, FLORIDA, ACCEPTING A NEW
BOND IN THE AMOUNT OF THE VALUE OF THE UNCOM-
PLETED BOND IMPROVEMENTS FOR THE MEADOWS 300~'
PLAT NO 2, IN SECTION 7, TOWNSHIP 45 SOUTH,
RANGE 43 EAST.
WHEREAS, certain improvements for the Meadows 300, Plat
No. 2 remain uncompleted and developer desires to post a new
bond,
NOW, THEREFORE, BE AND IT IS HEREBY RESOLVED BY THE
CITY COUNCIL OF THE CITY OF BOYNTON BEACH, FLORIDA:
Section 1. Performance Bond No. P618563 in the amount of
$562,715.30, Bond No. P6t8565 in the amount of $25,480.00, Bond
No. 618562 in the amount of $454,012.~5 and Bond No. P618566 in
the amount of $38,740.00 will be released when an acceptable
performance bond for the remaining sodding of swales, bike path
and tennis court facilities, is received in the amount of
$16,266.00.
Section 2. This Resolution shall take effect immediately
upon passage.
PASSED AND ADOPTED THIS /~day of ~~_~ 1985.
CITY OF BOYNTO~CH, FLORIDA
Vice~ayor f
Cou~c~ Me~'~
Council Me~~~~
n~ i71 Member
ATTEST:
cft~
(Corp. Seal)