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R98-122 RESOLUTION NO. R98-/~ A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, AUTHORIZING THE RELEASE OF CASH SURETY IN THE AMOUNT OF $36,581.60 ON DEPOSIT FOR NORTH FEDERAL HIGHWAY WEST R-O-W LANDSCAPE 1997 PROJECT TO MAC LEAN LANDSCAPING; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City of Boynton Beach received cash surety from MacLean Landscaping for the North Federal Highway West right-of-way Landscape 1997 project, which work has now been satisfactorily completed; and WHEREAS, the cash surety was deposited in the amount of Thirty Six Thousand Five Hundred Eighty One and 60/100($36,581.60) 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 l~ The City Commission of the City of Boynton Beach, Florida, based upon the recommendation of staff, hereby approves the release of cash surety in the amount of $36,581.60 to MacLean Landscaping. Section 2. That this Resolution shall become effective immediately upon passage. PASSED AND ADOPTED this ~ day of July, 1998. Ma?or Vice ATTEST: Ci~ty Clerk ~o~rs of cred,t~Cash S~r~- ~cLean ~nds~ping ~2~8[ ~ x 1920 / % ~o~*%~,*".,,,, Pro Tem /Z~ommis sioner Commissioner