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R99-044 RESOLUTION NO. R99-~ A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, AUTHORIZING A RELEASE OF CASH SURETY TO ALBERTSON'S INC., IN THE AMOUNT OF $76,892.00 FOR THE PROJECT LOCATED AT THE BOYNTON WEST SHOPPING CENTER; AND PROVIDING AN EFFECTIVE DATE. ~EREAS, the developer of this parcel, previously posted cash surety mn the amount of $76,892.00 to guarantee completion of water and sewer facilities serving the site, located at the Boynton West Shopping Center; and ~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 zn the amount of $76,892.00 to Albertson's, Inc., for the project located at the Boynton West Shoppmng Center. Section 2 That this Resolution shall become effective mmmediately upon passage. PASSED AND ADOPTED this day of April, 1999. ATTEST: (~ .c..\\\~'f~ltllHIIIl/l/z,. ,, ~yRes~i~ - Albe~on'~- ~s~ure~ Release ~z- FLO¢~%~' CITY OF BOYNTON BEACH, FLORIDA Com issi~ Commi.q 8 loner ~- ..... Commi s s i one r