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85-NNNRESOLUTION NO. 85-~N A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BOYNTON BEACH, FLORIDA, REDUCING THE AMOUNT OF THE PERFORMANCE BOND FOR THE MEADOWS 300, PLAT NO. 3 IN SECTION 5, TOWNSHIP 45 SOUTH, RANGE 43 EAST WHEREAS, a 'performance bond No. P618564 in the amount of $983,243.75 was posted for the construction of improvements, and, WHEREAS, all work is completed except the sodding of swales, a bicycle path, lake excavation and barricades. NOW, THEREFORE, .BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BOYNTON BEACH, FLORIDA, THAT, The amount of the bond be reduced to the value of the uncompleted work amounting to $79,434.00 P~S~D A~D ~DOPT~D THIS ~ ~ o~ ~~~ ~5. CITY OF BOYNTON BEACH, FLORIDA BYMay~~ ATTEST.~ (Corp. iSeal)