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84-OOORESOLUTION NO. 84- d3Q~ A RESOLUTION OF THE CITY OF BOYNTON BEACH, FLORIDA, RELEASING THE PER- FORMANCE BOND FOR WATERCHASEu WHEREAS, a request has been received to release the Performance Bond, received from National Union Fire Insurance Company of Pittsburgh, PA. in the amount of $148,830.00 for the water and sewer improvements, and WHEREAS, the Director of Utilities concurred with this request and has made his recommendation to release the bond accordingly, NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BOYNTON BEACH, FLORIDA: Section 1. The Performance Bond in the amount of $148,830.00 is hereby released in the total amount of $148,830.00 PASSED AND ADOPTED THIS ~-~ DAY OF ~-~7--~///2~ 198~ CITY OF BOSTON BEAcH,FLORIDA Mayor ~/ ~n~ il Member ATTEST: ~cit~ C!erk ~~ (Corp,Seal) council Me~ /Z-C~uncil Me~er ' / '