R02-040DUE TO A SCR.-TVENER'S ERROR,
PROPOSED RESOLUTI'ON NO._R02-020.RE: APPROVZNG FULL
RELEASE OF SURETY FOR W~'~ER A~D SEWER ZMPROVEME~TS FOR THE
PRO3ECT KNOWN AS YMCA, AND RETUR
COMERZCA BANK TO THE DEVELOPER NZNG THE LETTER OF CRED~'T FROM
AS IT APPEARED ON THE CITY COMMISSION AGENDA FOR
03/05/02
H~S BEEN CHANGED TO NUMBER R02-040
RESOLUTION NO. R 02-
A RESOLUTION OF THE CITY COMMISSION OF THE
CITY OF BOYNTON BEACH, FLORIDA, AUTHORIZING
A FULL RELEASE OF SURETY (LETTER OF CREDIT NO.
564082-07) FOR THE YMCA OF BOCA RATON, INC,. IN
THE AMOUNT OF $5,252.78; AND PROVIDING AN
EFFECTIVE DATE.
WHEREAS, the water and sewer systems serving this project have passed all
inspections, and operated satisfactorily during the own-year warranty project;
NOW, TItERElrORE, BE IT RESOLVED BY TItE CITY COMMISSION OF
OF BOYNTON BEACH, FLORIDA, TIIAT:
Section 1__ The City Commission of the City of Boynton Beach, Florida, based
upon the recommendation of staff, hereby approves a full release of the surety for the YMCA
of Boca Raton, Inc., in the amount of $5,252.78.
Section 2._ That this Resolution shall become effective immediately upon passage.
PASSED AND ADOPTED this day of March, 2002.
ATTEST:
lSSloner
Clerk
Commissioner