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88-FRESOLUTION NO. 88-~ OF THE CITY E H L A THE PERFORMANCE BOND FOR BOYNTON ISLES, PLAT NO 2, A REPLAT OF TRACT 'A" IN BOYNTON ISLES, PLAT NO. 1 IN SECTION 27, TOWNSHIP 45 SOUTH, RANGE 43 EAST, AS RECORDED IN PLAT BOOK 45, PAGE 109 OF PALM BEACH COUNTY OFF~C1A.L RECORDS WHEREAS, earthwork, paving and drainage, water distribution System an( and, WHE] been receJ WHE~ CI'TY' ~F B( The $105~000 t~ ~eW~ge collection system improvements have been made, ZAS, a one year Guarantee dated February 1, 1988 has red from the Developer, and, EAS, the value of the uncompleted sidewalks is $5,500, THEREFORE~ BE IT RESOLVED BY THE CITY COmmISSION OF THE YNTON BEACH~ FLORIDA, THAT: )erfor:mance bond may be reduced from the value of $5,5O0. PASSED AND ADOPTED THIS' /~ ~day of ,1988. CITY OF BOYNTON BEACH, FLORIDA ,ATTEST Commission Member (~Co~p. Seat)