LEGAL APPROVAL
RESOLUTION NO. R94-/;r~
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A RESOLUTION OF THE CITY COMMISSION OF
THE CITY OF BOYNTON BEACH, FLORIDA,
APPROVING A REDUCTION OF SURETY TO K.
HOVNANIAN, (LAWRENC.F. (.:RnVES PLAT 2)
FROM $287,617 TO $26,200; AND PROVIDING
AN EFFECTIVE DATE.
WHEREAS, the City Commission of the City of Boynton Beach
: has previously accepted surety in the amount of $287,617 for
required site improvements for the above referenced project;
and
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!i WHEREAS, staff has determined and advised that all
I required site improvements have been substantially completed
I' with the exception of the pavement which still requires the
final lift of asphalt.
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NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF
THE CITY OF BOYNTON BEACH, FLORIDA, THAT:
Section 1. The City Commission of the City of Boynton
Beach, Florida hereby approves the reduction of surety
submitted by K. Hovnanian (Lawrence Groves - Plat 2) from
$287,617 to $26,000.00 to reflect substantial completion of
the requied site improvements and conformance with City Code
of Ordinances, as certified by Engineer of Record Rossi and
I Malavasi.
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Section 2. That this Resolution
effective immediately upon passage.
shall
become
PASSED AND ADOPTED this
/.6
day of October, 1994.
CITY OF
BEACH, FLORIDA
~Ma-!o~
! ATTEST:
I
i~.?~W~'m.
Cl y Clerk
(Corporate Seal)
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Authsig.doc
Lawrence Groves - Plat 1
Surety. ReI
9/29/94