R01-042 RESOLUTION NO. R 01- ,4/,~,~
A RESOLUTION OF THE CITY COMMISSION OF THE
CITY OF BOYNTON BEACH, FLORIDA, AUTHORIZING
A FULL RELEASE OF THE SURETY (LETTER OF
CREDIT 3024021) FOR WAL'MART IN THE AMOUNT OF
$201,888.50; AND PROVIDING AN EFFECTIVE DATE.
WItEREAS, the project is complete and the City has received the Engineer of
Record's certification, the "As-Built" drawings and Utility Department approval for
Wal'Mart;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF
THE CITY OF BOYNTON BEACH, FLORIDA, THAT:
Section 1. Thc City Commission of the City of Boynton Beach, Florida, based
upon the recommendation of staff, hereby approves a full release of the surety (Letter of
Credit No. 3024021) for Wal*Mark in the amount of $201,888.$0,
Section 2. That this Resolution shall become effective immediately upon passage.
PASSED AND ADOPTED this ~ day of March, 2001.
CIT~T~ON~
V~ice Mayor
Commission~~
ATTEST:
Commissioner
Commissioner