90-URESOLUTION NO. 90-~
A RESOLUTION OF THE CITY CON~LISSION OF THE CITY OF
BOYNTON BEACH, FLORIDA, AUTHORIZING THEACCEPTANCE
OF ~S OF CREDIT RELATEDTODEVELOPMENTWiTHiN
SHOPPES OF WOOLBRIG~, P.C.D.
WHEREAS, a letter of credit in the amount $93,000.00 is beinq
held according to City Ordinances to ensure that certain improvements
are completed and paid for in accordance with applicable requirements-
and, '
WHEREAS, a letter of credit specifically for the amount of $93,000.00
is being held for construction of water distribution.and sewage collection
systems within said planned conmercial development; and,
WHEREAS, the administration fee of $1,860.00 in payment, for inspection
and administrative services has been received.
NOW, THIREFORE, BE IT RESOLVED BY THE CITY CCIv~4ISSION OF THE CITY OF
BOYIFi~N BEACH, FLORIDA~
That it hereby accepts such letter of credit in the amount of $93,000.00
as referenced above, and attached hereto and made a part by reference.
PASSED AND ADOPTED THIS
DAY OF ~/~/z/ , 1990
CITY 0~~~ ON BEACH, FLORIDA
Vice Mayor ~
Cormai ssioner
ATTEST:
C~.'' '~~~~~zr{F Clerk
( Cozloorate Seal)