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R01-049RESOLUTION NO. R 01- 447 A RESOLUTION OF THE CITY COMMISSION OF TIlE CITY OF BOYNTON BEACH, FLOR/DA, AUTHORIZING A FULL RELEASE OF THE SURETY CAROUSEL DEVELOPMENT AND RESTORATION, INC., (FORMERLY KNOWN AS CARRIAGE GATE PUD) IN THE AMOUNT OF $11,962.07; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the project was completed several years ago, and the water and sewer transferred to the City for ownership and maintenance; and WHEREAS, upon recommendation of staff, the City Commission hereby authorizes of the remaining $11,962.07; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF 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 a full release of the surety for Carousel and Restoration, Inc., (formerly known as Carriage Gate PUD), in the amount orS11,962.07. Section 2. That this Resolution shall become effective immediately upon passage. PASSED AND ADOPTED this ~ day of March, 2001. Vice Mayor CommissioneiV -- Commissioner Commissioner