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86-WWRESOLUTION NO. 86-~/~ A RESOLUTION OF THE CiTY COUNCIL OF THE CITY CF BOYNTON BEACH, FLORIDA, REDUCING THE REQUIRED VALUE OF THE PERFORMANCE BOND FOR CHALET IV, PLAT NO. 2, A PART OF THE MELEAR P.U.D., IN SECTION 18, TOWNSHIP 45 SOUTH, RANGE 43 EAST WHEREAS, the improvements required for Plat No. 2 of Chalet IV subdivision, a P.U.D., have been substantially completed, and, WHEREAS, a certification as to the value of the uncompleted work by the Design Engineer in the amount of $4,500.00 has been received, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BOYNTON BEACH, FLORIDA, THAT: The Aetna Casualty and SuretY.-C~pa~ny performance bond in the amount of $54,125.25 may be red~ced to the value of $4 500 00 PASSED AND ADOPTED THI's~~_ day of_ ~ ,1986. CITY OF BOYNTON BEACH, FLORIDA Vice Mayorc~// /~ ~ Cou] Ill Me~mber ~ ' ATTEST: (mCorp~ Seal)