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R02-081RESOLUTION NO. R02- 0 ~7/ A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, AUTHORIZING A FULL RELEASE OF CASH BOND, IN THE AMOUNT OF $20,295.00, FOR THE PROJECT KNOWN AS TUSCANY ON THE INTRACOASTAL, AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the developer for the project known as Tuscany on the Intracoastal, ~reviously posted a caSh bond in the amount of $20,295.00 for the completion of work; and WHEREAS, the Building Department of the City of Boynton Beach is satisfied with the completion of the work, and a Certificate of Occupancy has been issued. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, THAT: Section 1. The City Commission of the City of Boynton Beach, Florida, upon the recommendation of staff, hereby approves the release of the cash bond in the amount of $20,295.00 to Suffolk Construction Co., Inc. Section 2. That this Resolution shall become effective immediately upon passage. PASSED AND ADOPTED this ~] ~fday of May, 2002. CITY O[';BOYN.2rO~.B~&CH, FLORIDA Cc~mViCe, Mayor iss~i'i'~r City Clerk