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R94-176RESOLUTION NO. R94-//~ A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, APPROVING A RELEASE OF SURETY TO K. HOVNANIAN, (LAWRENCE GROVES - PLAT 1) IN THE AMOUNT OF $38,315.00; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Commission of the City of Boynton Beach has previously accepted surety in the amount of $38,315.00 for on-site paving and drainage and utilities for the above referenced project; and WHEREAS, staff has determined and advised that all required site improvements have been substantially complete~ 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 approves the release of surety submitted by K. Hovnanian (Lawrence Groves - Plat 1) in the amount of $38,315.00. Section 2. That this Resolution effective immediately upon passage. shall become PASSED AND ADOPTED this /6 day of October, 1994. ATTEST: CITY OF BOYNTON BEACH, FLORIDA Mayor -- ~ce Mayor ~o~~ner Authsig.doc Lawrence Groves - Plat 1 Euret¥.R~l 9/29/94