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88-PRESOLUTION NO. 88-p A RESOLUTION OF THE CITY OF BOYNTON BEACH, FLORIDA, REDUCING THE PERFORMANCE BOND FOR WELLESLEY AT BOYNTON BEACH, A REPLAT OF TRACT "N" OF THE MEADOWS 300 IN SECTION 7, TOWNSHIP 45 SOUTH, RANGE 43 EAST AND RECORDED IN PLAT BOOK 56, PAGES 99 thru 104 OF THE COUNTY RECORDS WHEREAS, a request has been received to reduce the $45,000.00 performance bond for Earthwork for Wellesley at Boynton Beach, and, WHEREAS, the value of the uncompleted earthwork has been determined to be $3,000.00. N©W¥ THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CI'TY OF BQYNTON BEACH, FLORIDA: The performance bond for Earthwork in the amount of $45,g00..00 is hereby reduced to $3,000.00. PASSED AND ADOPTED THIS~day of_ ~ ,1988 CITY OF BOYNTON BEACH, FLORIDA Commlsszon Member mmission ~er ATTEST: ([Corp~ Seal]