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R03-020 RESOLUTION NO. R03- O ~ O A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, AUTHORIZING A FULL RELEASE OF CASH SURETY TO HIGH RIDGE PROPERTIES, IN THE AMOUNT OF $921.45; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the required water system improvements for this project have operated satisfactorily through the warranty period; and WHEREAS, the City Commission, upon recommendation of staff, authorizes the release of the full cash surety on this project in the amount of $921.45; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, THAT: Section 1. The City Commission of the City of Boynton Beach, Florida, based upon the recommendation of staff, hereby approves the release of cash surety in the amount of $921.45 to High Ridge Properties. Section 2. That this Resolution shall become effective immediately upon passage. PASSED AND ADOPTED this t./ day of February, 2003. lvlt~yor , ~ Commissioner ATTEST: tx~lg~ldge Properties Cash Surety Release.doc