84-ZRESOLUTUION NO. 84-9
A RESOLUTION OF THE CITY OF BOYNTON BEACH,
FLORIDA, REDUCING PERFOrmANCE BOND FOR
THE CROSSINGS OF BOYNTON BEACH P.U.D.
IN SECTION 15, TOWNSHIP 45S, RANGE 43E,
as recorded in Plat Book 45, Pages 170
and 171 of the Palm Beach County Records
WHEREAS, a request has been received to reduce the
performance bond for The Crossings of Boynton Beach, P.U.D.
predicated on substantial completion of the work, and
WHEREAS, the City Engineer and Director of Utilities
concurred with these amounts and have made their recommendations
to reduce the bond accordingly.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF BOYNTON BEACH, FLORIDA:
The surety bond in the amoun~ of $656,170.18 previously
posted with the City in conjunction with THE CROSSINGS OF BOYNTON
BEACH, P.U.D. is hereby reduced in lien of a new performance bond
being furnished to the City of Boynton Beach to the amount of
$25,000.
PASSED AND ADOPTED THIS
day of
CITY OF BOYNTON BEACH, FLORIDA
Vice May[o r~/~
Co ~c~ Memb e r -
Cc
ATTEST:
Corp. Seal