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R02-127 RESOLUTION NO. R02- I;) 1 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, AUTHORIZING A FULL RELEASE OF SURETY AND REFUND OF CASH BOND, IN THE AMOUNT OF $825.00, FOR THE PROJECT KNOWN AS STEA!<.'N SHAKE, AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the developer for the project known as Steak'n Shake, previously posted a cash bond in the a.mountof$825.00 for the water and sanitary sewer systems; and WHEREAS, the Utility Department has completed it's final inspection, and verified that all portions of the water and sewer systems are operating satisfactorily. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COl\1MISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, THAT: Section 1. The City Commission of the City of Boynton Beach, Florida, upon the recommendation of staff, hereby approves the release of the cash bond in the amount of $825 to Steak'n Shake. Section 2. Tha.t this Resolution shall become effective immediately upon passage. PASSED ANDADOPTED this t:t.! day of August, 2002. CITY OkBO~XH',FWRIDA /~ ~~. ~ssione ~ ~~~~~ \\\\\\I\IlIlIfO!!! Commissioner :-.\,\" ..\ T 0 ,if II//, :>.; '<{I" '11 et ~ ~ <l>e~O""'~O*9~ ~ ~ ...:,;,~oR4 'l'~~.. '1': ~ . .... ".'.. ....,. " I,i ~... ""\?,, 0 ~ CIty Clerk -~t{ !2 0 !.t? '\ :s:. =: s:ca\Reso\Letter of CredIt! Release Cash :ioM~~akNShake li := :::;' ~.. ~~ : E I' ",,'t-:'::::: ,,' ._' ';Oil" ...~<iJ~II',:f!!f "":;;' "0.'.0"""" <:) "r- ~ "///; FI 010' ,'~ "1/ - :\'" Ilf1i!lm!l\\\\\'\: