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87-FFRESOLUTION NO. 87-F~ A RESOLUTION OF THE CITY OF BOYNTON BEACH, FLORIDA, APPROVING THE PERFORMANCE BOND REDUCTION FOR POST LANDING IN SECTION 18, TOWNSHIP 45 SOUTH, RANGE 43 EAST WHEREAS, a performance bond in the amount of $118,799.00 is being held to insure that subdivision improvements are installed, completed and paid for in accordance with applicable requirements, and, WHEREAS, the progress of the work has been such that the value of the uncompleted work is $83,799.00. NOW, THEREFORE, BE AND IT IS HEREBY RESOLVED BY THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA: That the performance bond may be reduced to a value of $83,799.00. ,1987 CITY OF BOYNTON BEACH, FLORIDA ATTEST: [[Co~p ~ Seal) By: Mayor Conqm~s ion Member