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R99-048 RESOLUTION NO. R99-~ A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, AUTHORIZING A RELEASE OF CASH SURETY TO MEADOWLAND DEVELOPMENT, IN THE AMOUNT OF $9,500.00 FOR THE PROJECT KNOWN AS GATEWAY PALMS; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the developer of this parcel, previously posted cash surety in the amount of $9,500.00 to guarantee completion of water and sewer facilities serving the site, known as Gateway Palms; and W~EREAS, a final inspection has been conducted on this project and the system appears to be functioning properly without any defects; 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 cash surety in the amount of $9,500.00 to Meadowland Development, for the project known as Gateway Palms. Section 2. That this Resolution shall become effective immediately upon passage. PASSED ~ ADOPTED this ~ day of April, 1999. ATTEST: CiCy Clerk &'~s4e~;edit - Mead0wl%n~ :~$urety Release CITY~F BOYNTON ~EACH, FLORIDA / . Commi s s 3_ one r Commissioner Commi s s i oner