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88-ORESOLUTION NO. 88r0 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 $135~587.00 performance bond for Sanitary Sewers for Wellesley at Boynton Beach, and, WHEREAS, the value of the uncompleted sanitary sewer work has been determined to be $49,942.00. NOW', THEREFORE, BE tT RESOLVED BY THE CITY CO~4ISSION OF THE C~TY OF BOYNTON BEACH, FLORIDA: The performance bond for Sanitary Sewers in the amount of $i35~587.00 is hereby reduced to $49,942.00. PASSED AND ADOPTED THI'S/~day of~ ,1988 CITY OF BOYNTON BEACH, FLORIDA ATTEST: ~__Co~p ~ Seal