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Resolution No. 85-66 CITY OF TIGARD, OREGON RESOLUTION NO. 85—_62_(%0 RESOLUTION OF THE TIGARD CITY COUNCIL_ ACCEPTING THE PUBLIC IMPROVEMENTS CONSTRUCTED WITHIN BOND PARK I. WHEREAS, the City of Tigard Subdivision Ordinance requires subdividers to install streets, sidewalks, street lights, storm sewers, sanitary sewers, underground utilities and other public facilities for the development of subdivisions; and WHEREAS, the City further required the payment of Mees and the execution of a Compliance Agreement which stipulates that: "Upon receipt of certification by the Department of Public Works th..,.t 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; and WHEREAS, ':.he required performance bond (Personal Surety Performance Bond in ( amount of $158,434.50) has remained in full force and effect throughout the normally required maintenance period of one year. NOW, THEREFORE, BE IT RESOLVED by the Tigard City Council that: The City of Tigard, Oregon hereby accepts the public improvements constructed within Bond Park II Subdivision, said subdivision being recorded in Book 56 on Page 11 in Washington County, Oregon, Plat Records. AND FURTHER, the City Council herewith authorizes release of the aforesaid bond. PASSED: This )3 T7tday of 7.985. ,Mybr'- City of Tigard ATTEST: 1 `- V Deputy City Recorder — City of Tigard (pm/1702P) RESOLUTION NO. 85--&—L TIGARD a VICINITY L V 16L oo� Eli Z 1� 4-0 W4. 13 2D lu