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84-GGRESOLUTION NO. 84~ A RESOLUTION OF THE CITY OF BOYNTON BEACH, FLORIDA, REDUCING PERFOR~4ANCE BOND FOR PRIVATE RECREATION FACILITIES FOR THE CROSSINGS OF BOYNTON BEACH P.U.D. IN SECTION 15, TO%YNSHIP 45S, RANGE 43E, as recorded in Plat Book 45, Pages 170 and 171 of the Palm Beach County Records WHEREAS, a request has been received to reduce the performance bond for private recreational facilities for The Crossings of Boynton Beach~ P.U.D. predicated on substantial completion of the work, and WHEREAS, the City Engineer and Director of Recreation concurred with these amounts and have made their recommendations to reduce the bond accordingly. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BOYNTON BEACH, FLORIDA: The surety bond in the amount of $200,000 previously posted with the City in conjunction with THE CROSSINGS OF BOYNTON BEACHr P.U.D. is hereby reduced in lieu of a new performance bond being furnished to the City of Boynton Beach to the amount of $16,000. PASSED AND ADOPTED THIS_ day of /'/ ,1984 CITY OF BOYNTON BEACH, FLORIDA ATTEST: (Corp. Seal)