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R90-189RESOLUTION NO.R30-~$7 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, AUTHORIZING AND DIRECTING THE MAYOR AND CITY CLERK TO EXECUTE A CERTAIN ESCROW AGREEMENT BETWEEN THE HAMLET, LTD., A FLORIDA LIMITED PARTNERSHIP AND THE CITY OF BOYNTON BEACH, A COPY OF SAID AGREEMENT BEING ATTACHED HERETO AS EXHIBIT "A"; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the acquisition of the land for the Boynton ay development in Boynton Beach has not yet been finalized; nd WHEREAS, The Hamlet wishes the City of Boynton Beach to continue with the permitting process to expedite commencement of site work and construction as soon as such acquisition has been finalized; and WHEREAS, the City of Boynton Beach requires a deed from the Hamlet dedicating a 60-foot right of way for Northeast 4th Street through the property being acquired by the Hamlet; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA THAT: Section 1. The Mayor and City Clerk are hereby authorized and directed to execute a certain Agreement between the City of Boynton Beach, Florida and The Hamlet, Ltd., said Agreement being attached hereto as Exhibit "A". Section 2. This Resolution immediately upon passage. shall take effect PASSED AND ADOPTED this ~ da: <~f _November, 1990. Commi s s i oner aTTEST: Clerk Co~p~at9 Commiss{oner ~