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R00-153 RESOLUTION NO. R00- I:~..~ A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, AUTHORIZING A RELEASE OF CASH SURETY TO ABRAMS CONSTRUCTION, INC,, IN THE AMOUNT OF $11,495,00 FOR THE COMPLETION OF THE HOME DEPOT TOOL RENTAL CENTER; AND PROVIDING AN EFFECT~/E DATE. WHEREAS, Abrams Construction, Inc., previously posted cash surety in the amount of $11,495.00 to ensure that all outstanding issues of the Home Depot Tool Center's Temporary Certificate of Completion are met; and WHEREAS, a final inspection has been conducted on this project and has been issued a Certificate of Completion; NOW, THEREFORE, BE IT RESOLVED BY THE CI'TY COMHISS:ZON OF THE CI'TY OF BOYNTON BEACH~ FLORIDA, THAT: Section 1. The City Commission of the City of Boynton Beach, Florida, upon the recommendation of staff, hereby approves the release of the cash surety in the amount of $11,495.00 to Abrams Construction, Inc. Section 2. That this Resolution shall become effective immediately upon passage. PASSED AND ADOPTED this ~ day of November, 2000. ATTEST: CI~ ~/N~O, N B:ACH, FLORIDA Vice IVlayor Commissioner Commissioner lerk (Corporat.~,~,~ s:ca\Reso\Lelter ~ Credil;