86-PPPPRESOLUTION NO. 86-pF~D
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
BOYNTON BEACH, FLORIDA, REDUCING THE PERFORMANCE
BOND FOR 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, earthwork, paving and drainage, water distribution
system and sewage collection system improvements have been made,
and,
WHEREAS, the Design Engineer has certified that the value
of uncompleted improvements is equal to $72,000.00.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF BOYNTON BEACH, FLORIDA, THAT:
The performance bond in the amount of $341,000.00 may be
reduced to $72,000.00.
PASSED AND ADOPTED THIS /~day of ~-~;~/~ ,1986.
ATTEST
(Corp. Seal)
CITY OF BOYNTON BEACH, FLORIDA
Vice-Mayo~ - '
Council Membe ~/ . /Q
Cou~Member - -- ~ --