R03-107 RESOLUTION NO. R03- /~ 7
A RESOLUTION OF THE CITY COMMISSION OF THE
CITY OF BOYNTON BEACH, FLORIDA,
AUTHORIZING A FULL RELEASE OF TWO CASH
BONDS, IN THE AMOUNTS OF $5,500 AND $2,080.00
TO VITCAR CONSULTNG CO., INC. FOR THE
PROJECT KNOWN AS THE MEDICAL ARTS
PROFESSIONAL CENTER, LTD.; AND PROVIDING
AN EFFECTWE DATE.
WHEREAS, on May 9, 2003, the developer of this parcel posted two cash bonds,
one in the amount of $5,500.00 and one in the amount of $2,080.00, for the project
known as Medical Arts Professional Center, Ltd., (Alhambra Square) which were posted
to insure the removal of the hedge and installation of an irrigation well and pump,
respectively; and
WHEREAS, at the City Commission meeting on June 3, 2003, the Commission
consented to an Amendment to Declaration of Covenants and Restrictions for Alhambra
Square, Waiver and Consent, which would allow the ficus hedge to remain in place; and
WHEREAS, conditioned on the recordation in the public records of the
Amendment to Declaration of Covenants and Restrictions, the City Commission deems it
appropriate to authorize a full release of two (2) cash bonds, one in the amount of
$5,500.00 and one in the amount of $2,080.00 to Vitcar Consulting Co., Inc., for the
project known as Medical Arts Professional Center, Ltd.
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,
C:~Documents and Settings\lamannar~Local Settings\Temporary Intemet Files\OLK2\Surety Release - Alhambra Medical Center.doc
hereby approves the full release of two (2) cash bonds, one in the amount of $5,500.00
and one in the amount of $2,080, for the project known as Medical Arts Professional
Center, Ltd., subject to receipt by the City Attorney of a recorded copy of the Amendment
to Declaration of Covenants and Restrictions for Alhambra Square, Waiver and Consent,
which Amendment was consented to by the City Commission at its meeting of June 3,
2003.
Section 2. That this Resolution shall become effective immediately upon
passage.
PASSED AND ADOPTED this /7~day of June, 2003.
CITY Q~OYNTON/BEA~H, FLORIDA
) Ma, yor .
,,___k,mmnissioner
ATTEST:
City Clerk. ~-
(Corporate ~e,~' ,, ?"- "'X %.. \
C:kDocuments and Settings\lamannar\Local Setlings\Temporary Internet Files\OLK2\Surety Release - Alhambra Medical Center.doc