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86-IIIA RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BOYNTON BEACH, FLORIDA, RELEASING THE PERFORMANCE BOND FOR CONGRESS LAKES, PLAT NO. 1 (P.U.D.) REPLATTED AS:THE'CATALINA CENTRE IN SECTION 19, TOWNSHIP 45 SOUTH, RANGE 43 EAST WHEREAS, a performance bond in the amount of $405,111.75 was posted for the construction of improvements, by Riteco Development Corporation, and reduced to $25,000.00 by Resolution No. 85-YY and, WHEREAS, the subdivision was replatted as the Catalina Centre and a performance bond posted in the amount of $205,667.25. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BOYNTON BEACH, FLORIDA, THAT: The bond be released. PASSED AND ADOPTED THtS~ day of~ CITY OF BOYNTON BEACH, FLORIDA Vmce ~-ayo~ - ' Council Me~e~ : ,1986. ATTEST: (.Corp. Seal)