R01-228RESOLUTION NO. R01- ~ ~
A RESOLUTION OF TF[E CITY COMMISSION OF THE
CITY OF BOYNTON BEACH, FLORIDA,
AUTHORIZING A FULL RELEASE OF CASH SURETY
TO MAGNA OIL, (FOR THE PROJECT KNOWN AS
HESS STATION AT HYPOLUXO ROAD AND HIGH
RII)GE ROADJ IN THE AMOUNT OF $1,375.00; ND
PROVIDING AN EFFECTIVE DATE.
WltEREAS, Magna Oil, previously posted a cash surety in the amoum of
;1,375.00 for the project known as the Hess Station at Hypoluxo Ro ~d and High Ridge
Road; and
WltEREAS, the potable water system for this project has been successfully
:ompleted and has exhibited no defects throughout the warranty per/o~; and
/
WHEREAS, the Department Of Engineering is satisfied wit~ the completion of
/
he action taken by the developer and site contractor in the resolul2ion of outstanding
issues, and have so advised the Commission;
NOW, THEREFORE, BE IT RESOLVED BY THE CIT COMMISSION
DF TI-IE CITY OF BOYNTON BEACH, FLORIDA, TI-IAT:
Section 1. The City Comnfission of the City ofBoynton B ~ch, Florida, upon
the recommendation of staff, hereby approves the release of the cash sarety in the mount
of $1,375.00 to Magna Oil.
Section 2. That this Resolution shall become effective immediately upon
passage.
I
PASSED AND ADOPTED this 7 day o£August, 2001.
.Commissioner
Commissioner
aTTEST:
~:ea~s~f ~e~ ~le=e Hess S=fion- Ma=a Oil