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R03-013 RESOLUTION NO. R03-O! B A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, AUTHORIZING A RELEASE OF CASH BONDS TO NUNNO BUILDERS, INC., FOR THE PROJECT KNOWN AS WENDY'S RESTART, IN THE AMOUNT OF $440.00 AND $28,600.00; AND PROVIDING AN EFFECTWE DATE. WHEREAS, on November 22, 2002, the Building Division accepted cash bonds in the amotmt of $440.00 and $22,600.00 from Nunno Builders, Inc., to guarantee completion of all permitted work at Wendy's Restaurant, located at 600 E. Woolbright Road; and WHEREAS, a final inspection has been conducted on this project, the work has been completed, and a Certificate of Occupancy has been issued. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, THAT: Section 1. The City Commission of the City of Boynton Beach, Florida, based upon the recommendation of staff, hereby approves the release of the cash bonds in the amount of $440.00 and $28,600.00 to Nunno Builders, Inc. for the project located at 600 E. Woolbright Road. Section 2. That this Resolution shall become effective immediately upon passage. S:\CALRESO~,Letters of CreditLRelease of Case Bonds - Nunno Builders - Wendys Project.doc PASSED AND ADOPTED this 2 1 day of January, 2003. ATTEST: Commissioner S:\CA~RESO~L~t~?g%:gCredicte.:~Release of Case Bonds - Nunno Builders - Wendys Project.doc ~ - ?. ," ,:,:.,. S:\CA~RESOkLetters of CreditLRelease of Case Bonds - Nunno Builders - Wendys Project.doc