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R01-324RESOLUTION NO. R01- A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, AUTHORIZING A FULL RELEASE OF CASH SURETY (LETTER OF CREDIT NO. 12266), IN THE AMOUNT OF $53,363.20, FOR THE PROJECT KNOWN AS GUARDIAN STORAGE OF BOYNTON BEACH, INC., AND PROVIDING FOR AN EFFECTIVE DATE. WltEREAS, the developer for the project known as Guardian Storage of Boymon in the mount of $53,363.20 for the water and sanitary sewer system; and WttEREAS, the Utility Department of the City of Boynton Beach is satisfied with the completion of the work, and the systems have been transferred to the City for ownership, operation and maintenance. NOW, TItEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF TIlE CITY OF BOYNTON BEACIt, FLORIDA, THAT: Section 1. The City Commission of the City of Boynton Beach, Florida, upon the recommendation of staff, hereby approves the release of the cash surety in the mount of $53,363.20, to Guardian Storage of Boynton Beach, Inc. Section 2. That this Resolution shall become effective ~mmediately upon passage. PASSED AND ADOPTED this ~ dayofDecember, 2001. yor · ... ~ Co~is~ion~ Release- Guardian Storage