R90-184RESOLUTION NO.~90-1~&L
A RESOLUTION OF THE CITY COMMISSION OF
THE CITY OF BOYNTON BEACH, FLORIDA,
RELEASING AND/OR REDUCING L.O.C.,
U.N.B. REGARDING SHOPPES OF
WOOLBRIGHT, P.C.D.; AND PROVIDING AN
EFFECTIVE DATE.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION
~F THE CITY OF BOYNTON BEACH, FLORIDA, THAT:
Section 1. The City Commission of the City of
Boynton Beach, Florida does hereby release the following
letters of credit:
A. Letter of credit in the amount of $93,000.00,
for construction of water distribution and sewage collection
systems for Home Depot, No. UNB1335, issued 3/1/90;
B. Letter of credit in the amount of
$187,000.00, for off-site construction of water distribution
and sewage collection systems for the P.C.D./L.O.C., No.
UNB1336.
Section 2. The City Commission of the City of
Boynton Beach, Florida does hereby reduce the following
letters of credit:
A. Letter of credit, No. UNB1322 issued 2/8/90,
~hould be reduced from $275,000.00 to $86,000.00;
B. Letter of credit, No. UNB1337, for
construction of sewage flow re-routing for the P.C.D./L.O.C.
should be reduced from $179,000.00 to $79,000.00; and
C. Letter of credit, No. UNB1356, for S.W. 8th
Street improvements (phase %1 only) should be reduced from
$524,000.00 to $55,700.00.
Section 2. This Resolution
immediately upon passage.
shall take effect
PASSED AND ADOPTED this ~ day of November, 1990.
CITY OF BOYN~N BEACH, FLORIDA
/
Vice Mayor '
Com~h~i~ sion~
Cdmrais$1one~- ~
ATTEST:
Commiss~ner ' ~
(Cofbora=eS~al) -_