R03-077 RESOLUTION NO. R03- O'/"/
A RESOLUTION OF THE CITY COMMISSION OF THE
CITY OF BOYNTON BEACH, FLORIDA,
AUTHORIZING A FULL RELEASE OF CASH SURETY
IN THE AMOUNT OF $1,367.50 TO ALOUETTE, INC.;
AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the developer of this parcel, on November 13, 2001, posted cash
surety in the amount of $1,367.50 for the project known as Alouette, Inc.; and
WHEREAS, the required water system improvements for this project have
~perated satisfactorily through the warranty period covered by this cash surety; and;
WHEREAS, the City Commission, upon recommendation of staff, deems it
~ppropriate to authorize a full release of cash surety in the amount of $1,367.50 to
~_louette, Inc.
NOW, THEREFORE, BE IT RESOLVED BY TIlE CITY COMMISSION
~)F THE CITY OF BOYNTON BEACH, FLORIDA, THAT:
Section 1. The City Commission of the City of Boynton Beach, Florida,
~ereby approves the full release of the cash surety in the amount of $1,367.50 to Alouette,
Section 2.
)assage.
That this Resolution shall become effective immediately upon
5:\CA\RESO\Letters of Credit~Alouette - cash surety release.doc
PASSED AND ADOPTED this (o day of May, 2003.
ATTEST:
CITY/~ BOYI~ONJ~EACH, FLORIDA
;:\CA\RESO\Letters of CreditkAlouette - cash surety release.doc