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86-LLLLRESOLUTION NO. 86-LLL~ A RESOLUTION OF THE CITY COUNCIL OF THE 'CITY OF BOYNTON BEACH, FLORIDA, REDUCING THE PERFORMANCE BOND FOR THE LANDINGS IN SECTION 30, TOWNSHIP 45 SOUTH, RANGE 43 EAST AS RECORDED IN PLAT BOOK 52, PAGES 48 thru 52 OF PALM BEACH COUNTY RECORDS WHEREAS, earthwork, paving and drainage, water distribu- tion system and sewage collection system improvements have been made, and, WHEREAS, the City Utility Director and the City Engineer agree that the value of the uncompleted work is $119,121.20. NOW, THEREFORE, BE IT_RESOLVED BY THE CITY COUNCIL OF THE CITY OF BOYNTON BEACH, FLORIDA, THAT: The performance bond may be reduced from $1,582,000.00 to $119~121.20. PASSED AND ADOPTED THIS_/~~ day of ~J~2~7-' ,1986. CITY OF BOYNTON BEACH, FLORIDA Vice-Mayo~J i) ATTEST (iCorp. Seal)