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R91-196RESOLUTION NO. R91-/~ A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, AUTHORIZING RELEASE OF THE CASH BOND IN THE AMOUNT OF $56,807.00 TO WALBOYN DEVELOPMENT CORP., FOR CATALINA CENTRE PHASE 1 AND PHASE 2. WHEREAS~ the City Commission of the City of Boynton Beach, Florida, upon the recommendation of staff, desires to release the cask bond in the amount of $56,807.00 to Walboyn Development Corp., for Catalina Centre Phase 1 and Phase 2. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA: Section 1. The City Commission of the City of Boynton Beach, Florida, hereby authorizes release of the cash bond in the amount of $56,807.00 to Walboyn Development Corp. Section 2. That this Resolution shall become effective immediately upon passage. PASSED AND ADOPTED this J day of December, 1991. ATTEST: cf~ Clerk -- CITY OF BOYNTON BEACH, FLORIDA Mayor ~ ~ioner (CorPorate is~a~ )