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87-CRESOLUTION NO. 87-~ A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BOYNTON BEACH, FLORIDA, RELEASING THE PERFOrmaNCE BOND FOR PAYMENT OF COST OF DESIGN, CONSTRUCTION AND INSTALLATION OF SIGNALIZATION F©R THE INTERSECTION OF S.E. 18th AVENUE AND U.S. HIGHWAY ~I, BOYNTON BEACH, FLORIDA WHEREAS, the need for said signalization has not been warranted, and, WHEREAS, the five year time period specified in the AGREEMENT made on the 30th day of September 1981 between the city of Boynton Beach and Burger King Corporation has expired. N~W, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BOYNTON BEACH, FLORIDA, THAT- The performance bond No. 4126717 provided by Safeco Insurance .Company of America is hereby released. PASSED AND ADOPTED THIS day of ~~ / ,1987. CITY OF BOYNTON BEACH, FLORIDA ATTEST: (Corp, Seal)