89-QRESOLUTION NO. 89- i~
A RESOLUTION OF THE CITY OF BOYNTON BEACH, FLORIDA,
RELEASING THE PERFORbIANCE BOND POSTED BY CHALET IV,
PLAT NO. 1 FOR MINER ROAD~ IN SECTION 18, TOWNSHIP
45 SOUTH, RANGE 43 EAST AND ACCEPTING A NEW BOND FOR
THE S~.~ AMOUNT FROM THE NEW OWNERS, THE GENE B. GLICK
COMPANY, INC.
WHEREAS, Chalet IV Corporation has sold the property to the Gene
B. Gliek Company, Inc., and,
WHEREAS, the new owners have posted a new bond in the amount of
$54,123.78, the same amount as the old bond posted by Chalet IV.
NOW, THEREFORE, BE IT RESOLVEDi.BY THE. CITY COMMISSION OF THE CITY
OF BOYNTON BEACH, FLORIDA:
That the City accept the new bond in the amount of $54,123.78
posted by the Gene B. Glick Company, Inc. and Continental Casualty Company and
release the old bond of $54,123.78 posted by Chalet IV and Aetna Casualty and
Surety Company.
PASSED AND ADOPTED THIS da of ~. ,1989.
CommVis sion Member
k~o-~-s-~m; n Member
ATTEST-:-~
(Corp. Seal)