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R00-096 RESOLUTION NO. R00-~ A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, AUTHORIZING A RELEASE OF CASH SURETY TO BOYNTON BEACH DEVELOPMENT ASSOCIATES, L.P., IN THE AMOUNT OF $10,654.23 FOR THE PROJECT KNOWN AS BOYNTON COMMONS SHOPPING CENTER; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the developer of this parcel, previously posted cash surety in the amount of $10,654.23 for the project known as Boynton Commons Shopping Center, for the completion of landscaping and irrigation; and W~EREAS, the owner of the off-site land is now Wal'Mart, and the responsibility for the installation of the landscaping and irrigation is now part of the required improvements for the Wal'Mart project; 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, Florida, based upon the recommendation of staff, hereby approves the release of the cash surety in the amount of $10,654.23 to Boynton Beach Development Associates, L.P., for the project known as Boynton Commons Shopping Center. Section 2. That this Resolution shall become effective immediately upon passage. PASSED AND ADOPTED this ~' day of July, 2000. ATTEST: City Clerk s:c~R~o~L~Or~L Boyn~on Comma , ~Sure(y Release 062700 Commissioner