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88-SRESOLUTION NO. 88-s A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, RELEASING THE PERFORMANCE BOND FOR 1744 ft. PORTION OF THE LOOP ROAD, a.k.a. SANDALWOOD DRIVE, WEST OF CONGRESS AVENUE iN SECTION 18, TOWNSHIP 45 SOUTH, RANGE 43 EAST WHEREAS, earthwork, paving and drainage, street lighting, lines and sanitary sewer line construction have been )leted, and, WHEREAS, a certification letter has been received from the Engineer and a one year guarantee from the Developer. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF CITY OF BOYNTON BEACH, FLORIDA, THAT: The performance bond, previously reduced to $21,000,00 by .on No. 87-EEEE is hereby released. PASSED AND ADOPTED THIS_~__~ay of .~~ ,1988. CITY OF BOYNTON BEACH, FLORIDA (Corp. Seal) BY:~ For~~ comml s s 1 on, mb e r