81-QQQA RESOLUTION OF THE CITY OF BOY~ITON BEACH,
FLOHIbA, REdUCInG LETTEi{ OF CREDIT FOH
HUNTER'S RUN, PLAT NO. 1.
WHER~EAS,'a request was received reflecting sufficient
~ork completed to warrant a reduction in the letter of credit; and
W~EREAS, the City Engineer and Director of Utilities have
concurred with this request and made their recommendations to re-
duce the bond accordingly; and
WHEREAS, this request has in fact previously ~een approv~
by motion.
NOW, THEHEFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THt
CITY OF BOYNTON BEACH, FLORIDA:
Section 1. The City of Boynton. Beach.hereby resolves
that the reduction of the letter of credit in the amount of
$800j000.00 to $100,000.00 previously posted with the City in
conjunction with Hunter's Run, Plat No. 1 is ~ereby resolved to
have been approved.
PASSED AND ADOPTED THIS ~ day of ~/~ , 1981
~TTEST:
(Corp. Sea.i)
CITY OF BOYNTON BEACH, FLORIDA
Mayor
Council Member