87-UUURESOLUTION NO. 87- ~ ~
A RESOLUTION OF THE CITY OF BOYNTON BEACH,
FLORIDA, RELEASING THE PERFORMANCE BOND FOR
MAHOGANY BAY, PLAT NO. 1, IN SECTION 18,
TOWNSHIP 45 SOUTH, RANGE 43 EAST
WHEREAS, a performance bond in the amount of $466,516.76
(previously reduced to $149,530.95 by Resolution No. 87-B) and to
$25,000.00 by Resolution No. 87-GG, and,
WHEREAS, the bonded improvements have been completed,and,
WHEREAS, & Certification letter dated April 29, 1987
from the Design Engineer has been received and a one year guaranteel
against defective material and workmanship.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION
OF THE CITY OF BOYNTON BEACH, FLORIDA:
That the bonded improvements be accepted and the bond
be released.
PASSED AND ADOPTED THIS ~day of~--~ ~~C~ ,1987.
CITY OF BOYNTON BEACH, FLORIDA
Chammies s ion M~er
ATTEST:
(Corp. Seal)