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O69-05 ORDINANCE NO. 69 - 5 "- .~ AN ORDINANCE OF THE CITY OF BOYNTON BEACH, FLORIDA, AMENDING SECTION 25A-7(c) OF THE CODIFIED ORDINANCES OF THE CITY OF BOYNTON BEACH, PERTAINING TO REQUIREMENT OF SURETY BOND IN CONNECTION WITH PLATTING OF SUB- DIVISIONS WITHIN THE MUNICIPAL LIMITS OF SAID CITY; PROVIDING FURTHER FOR AUTHORITY TO CODIFY, REPF, ALING PROVISIONS, SAVINGS CLAUSE, AN EFFECTIVE DATE AND FOR OTHER PURPOSES. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BOYNTON BEACH, FLORIDA: .... Section 1: That Section 25A-7(c) of the codified ordinances of said City be and the same is hereby amended to read: (c) "In the event that the City Council by motion approved the action of the Planning Board in approving the final plat, it shall withhold its approval of the plat until an agreement signed by the Subdivider, as provided in subsection (b) above, shall be given, supported by a bond executed by an acceptable surety company or other good and sufficient surety, in an amount equal to the estimated cost of construction of the required improvements (which estimated cost shal~ be determined by the City Engineer). The surety will be subject to the condition that the improve- ments will be completed within two (2) years after approval of the final plat. As an alternative, the subdivider may deposit cash with the City in place of said surety bond." Section 2: Authority to Codify: Specific authority is hereby granted to codify and incorporate this ordinance in the City's existing Code. Section 3: Repe. aling Provisions: ALl ordinances or parts of ordinances in conflict herewith are hereby repealed. Section 4: Separability: Each of the provisions of this ordinance are separable, including word, clause, phrase or sentence, and if any portion hereof shall be declared invalid, the remaining portion shall not~ be affected but sha].[ remain in full force and effect. Section 5: Effective Date: This Ordinance shall become effective in the manner and at the time provided in the charter and ordinance~ of the City of Boynton Beach, Florida. First reading this .~<iay of i~>Yi4~d~ , 1969. Second, final reading and passage this ~ ~day of ~W4~ga~,~ 1969. CITY OF BOYNTON BEACH, FLORIDA By: Mayor ~/~' / ATTEST: City Clerk C ouncilm an C o~nc ilrn an ~