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R99-008 RESOLUTION NO. R99~ A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, AUTHORIZING THE RELEASE OF SURETY IN THE AMOUNT OF $30,000.00 ON DEPOSIT FOR VIA LUGANO EXCAVATION AND FILL PROJECT TO ODUM, INC.; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City of Boynton Beach received surety from Odum, Inc. for excavation and fill project for Via Lugano, which work has now been satisfactorily completed; and WHEREAS, the surety was deposited in the amount of Thirty Thousand and 00/100($30,000.00) Dollars as surety to guarantee completion of the improvements; and WHEREAS, according to city staff, the project has been completed and has exhibited no 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 release of surety in the amount of $30,000.00 to Odum, Inc. Section 2. That this effective immediately upon passage. PASSED AND ADOPTED this Resolution shall become day of February, 1999. II ATTEST- Ciff/f Clerk ~%~ler~ ~ cred~%Re~ease of S~ety- ~ [uga.o - $30,000 CITY OF BOYNTON BEACH, FLORIDA ommissioner Commissioner