83-KKKA RESOLUTION OF THE CITY OF BOYNTON BEACH,
FLORIDA, REDUCING PERFORMANCE BOND FOR
THE MEADOWS 300 - PLAT NO. 1, SECTION 7,
TOWNSHIP 45 SOUTh,, P~NGE 43 EAST
WHEREAS, a request has been received to reduce the
performance bond for The Meadows 300- Plat No. 1 predicated on
substantial completion of the work, and
WHEREAS, the City Engineer and Director of Utilities
concurred with these amounts and have made their recommendations
to reduce the bond accordinagly.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF BOYNTON BEACH, FLORIDA:
The sureny bond in the amount of $1,523,267.60
previously posted with the City in conjunction with The Meadows
300 - Plat No. 1 is hereby reduced in lieu of a new Performance
Bond being furnished the City of Boynton Beach to the amount
of $749,892 88.
PASSED AND ADOPTED THIS
CITY OF BOYNTON BEACH, FLORIDA
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Vi ce Ma'~q~r~ ·
ATTEST:
City C~
(Corp. Seal)