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R92-43RESOLUTION NO. R92-~ A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, AUTHORIZING RELEASE OF THE PERFORMANCE BOND FOR BOYNTON ISLES, PLAT NO. 2, A REPLAT OF TRACT "A" IN BOYNTON ISLES, PLAT NO. 1 IN SECTION 27, TOWNSHIP 45 SOUTH, RANGE 43 EAST, AS RECORDED IN PLAT BOOK 45r PAGE 109 OF PALM BEACH COUNT~ OFFICIAL RECORDS TO MURPHY CONSTRUCTION CO. WHEREAS, the City Commission of the City of Boynton Beach, Florida, upon the recommendation of staff, desires to release the Performance Bond in the amount of $5,500.00 from Murphy Construction Co., for the purpose of assuring sidewalk completion within the Boynton Isles Subdivision. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE ciTY 0FBOyN~ON BEACH, FLORIDA: Section 1. The City Commission of the City of Boynton Beach, Florida, hereby authorizes release of the Performance Bond in the amount of $5,500.00 to Murphy Construction Co. Section 2. That this Resolution shall effective immediately upon passage. PASSED AND ADOPTED this become ,/~ day of March, 1992. CITY OF BOYNTON BEACH, FLORIDA ATTEST: 'Cit~CIetk ~ (Corporate Seal) BIS~E$.BND 3/10/92 Mayor / Vic~ ~aySr /~