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R95-057RESOLUTION NO. R95-~v~-~ A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, AUTHORIZING THE FULL RELEASE OF SURETY BOND IN THE AMOUNT OF $36,300.00 TO MARRIOTT CORPORATION (BRIGHTON GARDENS); AND PROVIDING AN EFFECTIVE DATE. WHEREAS, in March, 1993, Marriott Corporation presented a surety bond to the City in the amount of $36,300, from Seaboard Surety Co., as a guarantee for the construction of water and sewer improvements to serve the proposed Brighton Gardens facility; and WHEREAS, staff has verified completion of the required improvements on the above property; and WHEREAS, the City Commissmon of the City of Boynton Beach, Florida, upon recommendation of staff, hereby authorizes full release of a surety bond in the amount of $36,300 to Marriott Corporation (Brighton Gardens). NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, THAT: ~ The City Commission of the City of Boynton Beach, Florida hereby authorizes full release of surety in the amount of $36,300 to Marriott Corporation (Brighton Gardens). ~ That this Resolution effective immediately upon passage. shall become PASSED AND ADOPTED this 4~ day of April, 1995. CITY OF BOYNTON BEACH, FLORIDA Mayor Vice Mayor xX ..... ATTEST: Mayor Pr?~em _ yC om~ni~ i oner Clerk (Corporate Seal) Authsig.doc Brighton.c~ns. Rel. Sur. Bond 3/29/95