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R01-058RESOLUT]:ON NO. R01- A RESOLU-I-~ON OF THE C~q'Y COMMISSION OF THE C~-I'Y OF BOYNTON BEACH, FLOI~DA, AUTHORIZING A FULL RELEASE OF CASH SURETY TO THE MORTON GROUP, (FOR THE PROJECT KNOWN AS THE PICTURE FACTORY) IN THE AMOUNT OF $I5,400.00; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the Morton Group, posted a cash surety in the amount of $15,400.00 for the project known as The Picture Factory on January 18,2001; and WHEREAS, the cash bond was to be held until all outstanding issues of :he temporary Certificate of OccUpancy were completed; and WHEREAS, the work has now been completed and a final Certificate of )ccupancy has been issued; NOW, THEREFORE~ BE tT RESOLVED BY THE CtTY COI~IIVI:ZSSION OF THE CITY OF BOYNTON BEACH, FLOI~DA, THAT: Section 1. The City Commission of the City of Boynton Beach, Florida, upon the recommendation of staff, hereby approves the release of the cash surety in the amount of $15,400.00 to The Morton Group. Section 2. That this Resolution shall become effective immediately upon passage. PASSED AND ADOPTED this .~ day of April, 2001. Commissioner Commissioner erk e -The Picture Factory o~ .,,,,s'¢