87-IIRESOLUTION NO. 87-~
A RESOLUTION OF THE CITY CO~ISSION OF THE CITY OF
BOYNTON BEACH, FLORIDA, REDUCING THE PERFORMANCE
BOND FOR PRIVATE RECREATION FACILITIES, CHALET IV,
PLAT NO. 3, IN SECTION 18, TOWNSHIP 45 SOUTH,
RANGE 43 EAST AS RECORDED IN PLAT BOOK 53, PAGES
176 thru 179 OF PALM BEACH COUNTY RECORDS
WHEREAS, private recreational facilities including tennis
courts, racquet ball courts, basketball courts, pool and bathhouse
have been completed, and,
WHEREAS, the City Engineer has determined the value of
the uncompleted work to be $3,000.00.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF
~HE CITY OF BOYNTON BEACH, FLORIDA, THAT:
The performance bond, previously reduced from $136,000.00
$45,000.00 by Resolution No. 86-MMMM, may be reduced from
$45~000.00 to $3,000.00.
PASSED AND ADOPTED THin'day of
,1987
%TTEST:
By:
Mayor
Vice M~ - -
.
(Corp. Seal)