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R01-316RESOLUTION NO. R01- ~ i G, A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA. AUTHORIZING A FULL RFJ,EASE OF CASH BOND TO BAPS DEVELOPMENT. INC., IN THE AMOUNT OF $33,000.00 FOR THE PROJECT KNOWN AS BAPS TEMPLE; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, BAPS Development, Inc., the developer for the project known as BAPS temple, previously posted a cash bond in the mount of $33,000,00 for the completion of the ~ermitted work; and WHEREAS, the Building Department of the City of Boynton Beach is satisfied with ae completion of the work and the final Certificate of Occupancy has been issued. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF rile CITY OF BOYNTON BEACH, FLORIDA, THAT: Section 1. The City Commission of the City of Boynton Beach, Florida, upon the 'econunendation of staff, hereby approves the release of the cash bond in the amount of $33,000.00 to BAPS Temple, Inc. Section 2. PASSED AND ADOPTED this kTTEST: That this Resolution shall become effective immediately upon passage. day of December, 2001. r~'~ Commission~ Commissioner ~Y d Release -BAPS