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R95-095RESOLUTION NO. R95-~- A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, AUTHORIZING THE REDUCTION OF SURETY TO $36,100 FOR QUAIL RUN VILLAS PUD TO ENGLE HOMES 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 $36,100 to Engle Homes, 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 $36,100 to Engle Homes, Inc. (Quail Run Villas PUD). Section 2. That this Resolution shall become effective immediately upon passage. PASSED AND ADOPTED this ~O day of ~- , 1995. CITY OF BOYNTON BEACH, FLORIDA Vice~ ~a~yor ATTEST: (Corporate Seal) Surety. Red QUAILRUN~ILLAS 6/15/9515/95