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1999-034 Prosperity Harbor North Plat Approval RESOLUTION NO. 34-99 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF NORTH PALM BEACH, FLORIDA, APPROVING THE PLAT OF PROSPERITY HARBOR NORTH P.U.D. ATTACHED AS EXHIBIT "A"; AUTHORIZING AND DIRECTING THE MAYOR AND VILLAGE CLERK TO EXECUTE THE MYLAR OF THE PLAT; PROVIDING THAT THE MYLAR OF THE PLAT NOT BE DELIVERED FOR RECORDING IN THE PUBLIC RECORDS OF PALM BEACH COUNTY, FLORIDA, UNTIL THE VILLAGE HAS BEEN PROVIDED WITH A PERFORMANCE BOND, LETTER OF CREDIT, ESCROW AGREEMENT OR OTHER ACCEPTABLE SURETY AGREEMENT TO ASSURE THE COMPLETION OF ON-SITE ROADWAYS, DRAINAGE AND UTILITIES IMPROVEMENTS REQUIRED FOR THE PLANNED UNIT DEVELOPMENT; AND PROVIDING FOR AN EFFECTIVE DATE. BE IT RESOLVED BY THE VILLAGE COUNCIL OF NORTH PALM BEACH, FLORIDA: Section 1 • The Village Council of the Village of North Palm Beach, Florida, does hereby approve the Plat of Prosperity Harbor North P.U.D. attached as Exhibit "A". i 2. The Mayor and Village Clerk are hereby authorized and directed to execute the Mylar of the Plat of Prosperity Harbor North P.U.D. Section 3. The Mylar of the Plat shall not be delivered for recording in the Public Records of Palm Beach County, Florida, until the Village of North Palm Beach has been provided with a performance bond, letter of credit, escrow agreement or other • acceptable surety agreement in a form approved by the Village and in a sum prescribed by the Village to assure the completion of on-site roadways, drainage and utility improvements required for the planned unit development. $~$,. This resolution shall take effect immediately upon its adoption. PASSED AND ADOPTED THIS 10th DAY OF _ JUNE , 1999. (Village Seal) T MAYOR ~. ATTEST: ~~Lr VILLAGE CLERK