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R01-303RESOLUTION NO. R01- A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, AUTHORIZING A RELEASE OF THE UTILITY AND SITE IMPROVEMENT SURETY (LETTER OF CREDIT No. 77446) TO WALTER H. JANKE AND ALICE FAY, OWNERS OF GROVE PLAZA, IN THE AMOUNT OF $7,250; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the project known as Grove Plaza has been completed and the City of Boynton Beach-'-"s Department of Engineering and Utility Department are satisfied with the completion of the work; and NOW, TttERE, FORE, BE IT RESOLVED BY ZI-rF~ CITY COM]VIISSION OF THE CITY OF BOYNToN BEACH, FLORIDA, TltAT. Section 1. The City Commission of the City of B0ynton Beach, Florida, upon the recommendation of staff, hereby approves the release oft he surety in the mount of $7,500 to Walter H. Janke and Alice Fay, owners of Grove Plaza. Section 2. That this Resolution shall become effective immediately upon passage. PASSED AND ADOPTED this __ day of November, 2001. ' ayo Vice Mayor Commissioner