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R99-081 RESOLUTION NO. R99-~/ A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, AUTHORIZING A FULL RELEASE OF THE SURETY (LETTER OF CREDIT NO. SPL35656) FOR CRYSTAL KEY AT WOOLBRIGHT PLACE IN THE AMOUNT OF $42,922.00 TO KENNEDY PROPERTIES, LTD.; APPROVAL OF THE SUBDIVISION, ACCEPTANCE OF THE DEDICATIONS, AND THE MAINTENANCE RESPONSIBILITIES OF THOSE IMPROVEMENTS DEDICATED TO THE CITY OF BOYNTON BEACH; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the project is complete and the City has received the Engineer of Rec°rd's certification, and Utility Department approval for Crystal Key Development; 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 a full release of the surety for Crystal Key in the amount of $42,922.00 to KennedY Properties, Ltd., approves the Subdivision, and accepts the dedications and the maintenance responsibilities of those improvements dedicated to the City. Section 2. That this Resolution shall become effective immediately upon passage. A'I-FEST: PASSED AND ADOPTED this _/~ day of.luly, ;[999. C_FI"Y OF.~OYNTpN~ B ~,,E~.,CH, FLOR[DA Mayor Pm Tern ~~~~CO~missi°ner ~ Commissioner Clerk