R01-031RESOLUI-[ON NO. R01-~,~/
A RESOLUI-~ON OF THE c~rY COMMISSION OF THE
CITY OF BOYNTON BEACH, FLORIDA, AUTHORIZING
A FULL RELEASE OF CASH SURETY TO OLIN
RESIDEN~AL REALTY CORP., (FOR THE PROJECT
KNOWN AS MANATEE BAY) IN THE AMOUNT OF
$6,000.00; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, Olin Residential Realty Corp., previously posted a excavation
and fill cash surety in the amount of $6,000.00 for the project known as Manatee
Bay; and
WHEREAS, the design consultant for the project, Shah Drotos &
Associates, has submitted their as-build drawings to the Department of
Engineering for final acceptance of the site improvements, together with a letter
on the developer's maintenance responsibility for parking area issues; and
WHEREAS, the Department of Engineering is satisfied with the
completion of the action taken by the developer and site contractor in the
resolution of outstanding issues, and have so advised the Commission;
NOW, THEREFORE~ BE :IT RESOLVED BY THE CZ'FY
OF THE C:ITY OF BOYNTON BEACH, FLOR:IDA~ THAT:
Section 1. The City Commission of the City of Boynton Beach, Florida,
upon the recommendation of staff, hereby approves the release of the
excavation and fill cash surety in the amount of $6,000.00 to Olin Residential
Realty Corp.
Section 2. That this Resolution shall become effective immediately
upon passage.
PASSED AND ADOPTED this ,~,~ day of February, 2001.
City~lerk
Commissioner
-L-~6mmissioner