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R94-039RESOLUTION NO. R94-~ A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, SUPPORTING A REQUEST BY MEADOWOOD GROVES, INC., F/K/A KNOLLWOOD GROVES, INC., TO PALM BEACH COUNTY FOR ROAD/TRAFFIC IMPACT FEE CREDITS; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City of Boynton Beach has entered into an Agreement with Meadowood Groves, Inc., f/k/a (Knollwood) wherein Meadowood will pay to the City the sum of $108,515, to be applied toward design and construction of Miner Road; and WHEREAS, pursuant to said agreement the City has agreed to assist Meadowwood Groves request for impact fee credit and has agreed to adopt a resolution supporting that request; and WHEREAS, the terms and conditions of the agreement facilitate the construction of Miner Road and benefit the public; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA THAT: Section 1. The City Commission of the City of Boynton Beach' d--~ ~u~port the request of Meadow-wood Groves, Inc., f/k/a Knollwood Groves, Inc., for road/traffic impact fee credits to Palm Beach County. Section 2. This Resolution shall take effect immediately upon passage. PASSED AND ADOPTED this ~f- day of April, 1994. CITY OF BOSTON BEACH, FLORIDA / Mayor Vi~ff~Mayor Mayor P~ Commi ATTE ST: (Corporate Seal) Authsig.doc Knollwood. Cty 1/28/94