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86-TTRESOLUTION NO. 86- 7-/-- A RESOLUTION OF THE CITY OF BOYNTON BEACH, FLORIDA, REDUCING THE VALUE FOR THE PERFORMANCE BOND FOR COSTA BELLA SUBDIVISION IN SECTION 20, TOWNSHIP 45 SOUTH, RANGE 43 EAST WHEREAS, a performance bond in the amount of $110,000.00 was posted to assure construction of the improvements, and, WHEREAS, all the bonded improvements have been completed except for sidewalks and swales, , NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BOYNTON BEACH, FLORIDA: That the required amount of the performance bond be reduced to $8,000.00. PASSED AND ADOPTED THI~~day of ~ CITY OF BOYNTON BEACH, FLORIDA , 1986. ATTEST: Cit~ Cle~ - ~ -- (Corp. Seal) Vice Mayor(/~/ Coundil~ember ~_~Cou zl M~~~ Council Member//-