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R01-322RESOLUTION NO. R01-~.~ ~ A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, AUTHORIZING A FULL RELEASE OF CASH BOND TO THE COLLAGE COMPANIES, IN THE AMOUNT OF $66,176.00 FOR THE PROJECT KNOWN AS GALE INDUSTRIES; AND PROVIDING FOR AN EFFECTIVE DATE. WItEREAS, The Collage Companies, the developer for the project known as Gale ndustries warehouse, previously posted a cash bond in the mount of $66,176.00 for the completion of the permitted work; and WHEREAS, the Building Departmem of the City of Boynton Beach is satisfied with the completion of the work and the final Certificate of Occupancy has been issued. NOW, THEREFORE, BE IT RESOLVED BY pT. ItE CITY COMMISSION OF THE CITY OF BOYI~TON BEACH, FLORIDA, TttAT: Section 1. The City Commission of the City of Boynton Beach, Florida, upon the recommendation of staff, hereby approves the release of the cash bond in the mount of $66,176.00 to The Collage Companies. Section 2. That this Resolution shall become effective immediately upon passage. PASSED AND ADOPTED this day of December, 2001. CIT~ 7~. ~H' FLORIDA Vice Mayor The Collage Compamms