R96-107RESOLUTION NO. R96-/~'
A RESOLUTION OF THE CITY COMMISSION OF THE
CITY OF BOYNTON BEACH, FLORIDA, AUTHORIZING
THE REDUCTION OF SURETY TO $44,874.52 FOR THE
NAUTICA PUD PLAT II TO G.L. HOMES OF BOYNTON
BEACH, INC. AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, staff has verified the status of completion of the
required site improvements on the above property; and
WHEREAS, the City Commission of the City of Boynton Beach,
Florida, upon recommendation of staff, hereby authorizes reduction
of surety to $44,874.52 to G.L. Homes of Boynton Beach, Inc.
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, hereby authorizes reduction of surety to the amount of
$44,874.52 to G.L. Homes of Boynton Beach, Inc.
Section 2. That this Resolution shall become effective
immediately upon passage.
PASSED AND ADOPTED this ~ day of ~z/~7- , 1996.
CITY OF BOYNTON BEACH, FLORIDA
Commi s s ioner
ATTEST:
Co~ssioner
tCit~ Clerk
(Corporate Seal)
Surety. Red
NAUTICA PUD PLAT II 7/30/96
PROJECT AGREEMENT AMENDMENT
In consideration of the continuing mutual promises and covenants contained in
that certain PROJECT AGREEMENT No. PB-BB-94-36 between the FLORIDA
INLAND NAVIGATION DISTRICT (F.I.N.D.) and the CITY OF BOYNTON
BEACH hereafter known as the PROJECT SPONSOR. The parties hereby agree that
Paragraph 2 of that certain PROJECT AGREEMENT be deleted and the following
be substituted therefore:
2. The PROJECT SPONSOR shall_complete the PROJECT on or
before September 1, 1997. The PROJECT SPONSOR acknowledges
there are no expressed provisions to carry over F.I.N.D. GRANT
FUNDS provided under this project Agreement Amendment beyond
September 30, 1997. This deadline may not be extended again
pursuant to s. 374.976(2) Florida Statutes.
In WITNESS-WHEREOF, the parties have hereunto set their hands and
this of ,1996.
seals
Attest: F.I.N.D~
PROJECT ADMINISTRATOR
Attest:
PROJECT SPONSOR
CONTRACT ~MINISTRATOR