R91-1381
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
RESOLUTION NO.
A RESOLUTION OF THE CITY COMMISSION OF THE
CITY OF BOYNTON BEACH, FLORIDA; AUTHORIZING
THE RELEASE OF A PERFORMANCE BOND HELD TO
SECURE PERFORMANCE OF INFRASTRUCTURE
IMPROVEMENTS FOR MARINER'S WAY,, PROVIDING AN
EFFECTIVE DATE.
WHEREAS, the City Commission of the City of Boynton Beach,
Florida, has considered the report of the City Administration
that all required improvements at the Mariner's Way are in place
and that release of the Performance Bond securing those
improvements is appropriate; and
NOW, THEREFORE, BE IT RESOLVED BY THE CITY CO~%~ISSION OF THE
CITY OF BOYNTON BEACH, FLORIDA, THAT~
Section 1. The city of Boynton Beach, Florida hereby
authorizes the release of the Performance Bond dated February 14,
1986 from First Oxford Development Corporation as Principal and
Southeastern Casualty & Indemnity Ins. Co. to the City of Boynton
Beach, a copy of which is attached hereto as Exhibit "A".
This Resolution shall take effect immediately
Section 2.
upon passage.
PASSED AND
BOYNTON BEACH,
ADOPTED BY THE CITY COMMISSION OF THE CITY OF
21
22
23
24
25
26
27
28
29
30
ATTEST:
31I ~ ~ - ,~
32 F ~ C~tTY CLE~
33 (C~R~RATE~S~_AL)
34 JAC/lms
A:B/~&R/RE$O8~
FLORIDA THIS ~ DAY OF /~- , 1991.
CITY OF BOYNTON BEACH, FLORIDA
Commissioner