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R02-055RESOLUTION NO. R02- C~' A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, AUTHORIZING A FULL RELEASE OF A CASH BOND IN THE AMOUNT OF $54,340.00 TO FINE LINE CONSTRUCTION & ELECTRIC, INC., FOR THE PROJECT KNOWN AS BJ'S WHOLESALE CLUB; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, on November 19, 2001, Fine Line Construction & Electric, Inc., >rovided to the City a cash bond in the amount of $54,340.00 for the completion of the >ermitted work at BJ's Wholesale Club, located at 1540 W. Boynton Beach Boulevard; and WHEREAS, the work has been completed and the Certificate of Occupancy has been ssued; 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, upon the recommendation of staff, hereby approves the release of the cash bond in the amount of $54,340.00, to Fine Line Construction & Electric, Inc.. Section 2. That this Resolution shall become effective immediately upon passage. PASSED AND ADOPTED this day of April, 2002. CITY FLORIDA ATTEST: Surety Release - BJ's. is~ner