R01-041II
RESOLUTION NO. R 01- 4Z/
A RESOLUTION OF THE CITY COMMISSION OF THE
CITY OF BOYNTON BEACH, FLORIDA, AUTHORIZING
A FULL RELEASE OF THE SURETY (LETTER OF
CREDIT NO. S-117968 IN THE AMOUNT OF $8,415;
LETTER OF CREDIT NO. 2-117971 IN THE AMOUNT OF
$109,539.65; AND CASH SURETY IN THE AMOUNT OF
$13,176.13) FOR HOME DEPOT EXPO DESIGN CENTER
#3609; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, City staff has recommended the release of all remaining surety for the
project known as Home Depot Expo Design Center, #3609, and has determined that the
project is complete;
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 a full release of the surety for Home
Depot Expo, #3609, in the amount of $131,130.65 (Letter of Credit No. S-117968 in the
amount of $8,415; Letter of Credit No. 2-117971 in the amount of $109,539.65; and cash
surety in the amount of $13,176.13.
Section 2. That this Resolution shall become effective immediately upon passage.
PASSED AND ADOPTED this ~, day of March, 2001.
ATTEST:
I;¢
I(co 4gSeal)
CITY O~713OY~T~NffAC, H, FLORIDA
oViCe Mayor
Commissioner
Commissioner