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Resolution No. 80-93 CITY OF TIGAFD, OREG.1,; RESOLUTION No. 80— 93 _ A RESOLUTION OF THE TIGARD CITY COUNCIL ACCEPTING THE PUBLIC IMPROVEMENTS CONSTRUCTED WITHIN KERWOOD ESTATES SUBDIVISION, AUTHORIZING RELEASE OF THE S PERFORMANCE BOND SUBJECT TO HEREIN SPECIFIED CONDITIONS. WHEREAS, the City of Tigard Subdivision Ordinance requires subdividers to v install streets, sidewalks, street lights, curbs, storm sewers, sanitary sewers, underground utilities and other public facilities for the development of t subdivisions; and WHEREAS, the City has required the payment of fees and the execution of a Compliance Agreement which stipulates that: "Upon receipt of certification by the Department of Public Works that all requirements have been met and a One Year Maintenance Bond, the City Council agrees to accept the public improvements, subject to the requirements for correction of deficiencies and maintenance for a period of one year..."; and WHEREAS, said Certification has now been received, subject to the hereinbelow listed condition; and WHEREAS, the required performance bond has remained in full force and effect throughout the normally required maintenance period of one year; and WHEREAS, no deficiencies remain to be corrected therein, NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Tigard, Oregon hereby accepts the public improvements constructed within Kerwood Estates Subdivision, said subdivision being recorded in Book 40 on Page 50 in Washington County, Oregon, Plat Records. AND FURTHER, the City Council herewith authorizes release of the project ? �y performance bond, upon receipt of a landscape maintenance bond in the sum t ofone thousand nine hundred dollars ($1,900); said landscape maintenance bond to remain in full force and effect for a period of one year from the date of receipt. t+ PASSED: This 2 day of October, 1980, by the Council of the City r of Tigard, Oregon. ATTEST: or Recorder RESOLUTION No. 80-93