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R99-016RESOLUTION NO. R99-/~ A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, AUTHORIZING A RELEASE OF CASH SURETY TO KIMLEY-HORN AND ASSOCIATES, AS AGENT FOR CARMAX, IN THE AMOUNT OF $1,763.30; AND PROVIDING AN EFFECTIVE DATE. Wq{EREAS, the developer of this parcel, previously posted a cash bond in the amount of $1,763.30 as surety to guarantee completion of water and sewer facilities serving this site; and WHEREAS, a final inspection has been conducted on this project and the system appears to be functioning properly without- any defects; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, T~AT: Section 1. The City Commission of the City of Boynton Beach, Florida, based upon the recommendation of staff, hereby approves a release of cash surety in the amount of $1,763.30. Section 2. That this immediately upon passage. Resolution shall become effective PASSED AND ADOPTED this /~ day of February, 1999. CITY OF BOYNTON BEACH, FLORIDA Mayor ATTEST: /i~issiOner Commi s s i oner