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R92-78RESOLUTION NO. R92-7~ A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, AUTHORIZING PAYMENT BY THE CITY OF BOYNTON ~BEACH TO R.Co BOOS, INC.,/FELNER CONSTRUCTION, INC., IN THE AMOUNT OF $75,000.00 IN REGARD TO THE PROJECT CLOSE 'oUT FOR BOYNTON BAY APARTMENTS (a/k/a THE H~LET); AND PROVIDING AN EFFECTIVE DATE. WHEREAS, on April 17, 1990 the City Commission of the City )f Boynton Beach, Florida approved the subject, site plan and pledged $75,0Q0.00 towards N.E. 4th Street improvements; and WHEREAS~ both the development improvements are now complete. and associated roadway 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, does hereby authorize pa!rment by the City of Boynton Beach to R.C. Boos, Inc./Felner Construction, Inc~, in the amount of $75,000.00 in regard to the project close out for Boynton Bay Apartments (a/k/a The Hamlet]conditioned~on~th~de~eI- bplan-first installing the reflective paint crosswalks and the ~oncrete walk at the maintenance building drive, as offered by the developer. Section 2. ~pon passage. This Resolution shall take effect immediately PASSED AND ADOPTED this ~'- day of May, 1992. CITY OF BOYNTON BEACH, FLORIDA %TTEST: Commis er (Corporate Seal ) F/C~LO~OUT .Hamlet Auths ig. doc- 5 / 1/92