Resolution No. 86-105 6
CITY OF TIGARD, ORE ON
RESOLUTION NO. 86 105
-
A RESOLUTION CONDITIONMLLY ACCEPTING_. PUBLIC TMPROVEMENTS KNOWN AS WINDSOR PLACE
SUBDIVISION PUBLIC IMPROVEMENTS.
WHEREAS, the City executed a Su�,division Compliance Agreement dated November 25,
1985, with Howard-Kim Inc. to facilitate installation of subdivision improvements
to specified standards and specifications; and
WHEREAS, said Compliance Agreement stipulated that:
"At such time as all public improvements except sidewalks and street trees
within the subdivision have been completed in accordance with the City's
requirements, Petitioner shall submit a "certificate of installatiun
conformance" to the City to notify the City of readiness for• (conditional)
acceptance inspection and, then upon notification by the Department of
Community Development that the requirements of the City have been met, the
Petitioner will submit to the City a good and sufficient guarantee bond, if
not already provided with the performance bond, form approved by the Citv, to
provide for correction of any incomplete work or any defective work or
maintenance becoming apparent or arising within one (1) year after conditional
acceptance of the public improvements by the City"; and
"Upon receipt of certification from the Department of Community Development
that all requirements have been met, and a One Year Guarantee Bond, the City
Council agrees to conditionally accept the public improvement subject to the
requirement of (completion of all work and) correction of deficiencies and
maintenance for a period of one year"; and
WHEREAS, said Certification has now been received, subject to correction of
hereinbelow listed deficiencies; and
WHEREAS, Petitioner has indicated a desire to continue the necessary assurance
portion of the existing public improvement performance bond in full force and
effect until all performance items have been installed and has submitted a
separate maintenance bond to facilitate release of existing maintenance hold back
monies from said performance bond;
NOW, THEREFORE, BE IT RESOLVED by the Tigard City Council that:
The Tigard City Council hereby accepts the existing public improvements and the
maintenance bond for Windsor Place Subdivision , subject to:
1) Continuation of $32,006.70 of the pre-existing public improvement performance
bond in full force and effect, to assure final installation of sidewalks,
street overlay, pathway and seeding.
2) Correction of any defective work and continued maintenance for a period of one
year.
RESOLUTION NO. 85-�
Paqe 1
AND, also, the Tigard City Council hereby authorizes the Mayor and City
Recorder to execute a letter providing for releaase of $38,833.99 previously
set aside for maintenance of the existing improvements, a satisfactorily
maintenance bond having been submitted in lieu thereof.
PASSED: This _ day of >L o 1986.
^? /i l r✓
/mayor, City of Tigard
ATTEST•1
l
.—A&fing City Recorder, City of Tigard
mj/5
RESOLUTION NO. 86—_IC1"
Page 2