We have a square with sides (s-4).
The perimeter of a square is 4 times the length of the side, so we can write:

If P is no more than 80 ft, we can find the maximum value for s as:

Answer:
1) The perimeter is P = 4s-16
2) The maximum value for s, if the perimeter is no more than 80 ft, is 24 ft.