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Resolution No. 87-59 CITY OF T.IGARD, OREGON i RESOLUTION NO. 87-J9 A RESOLUTION ACCEPTING PUBLIC IMPROVEMENTS KNOWN AS PACIFIC REALTY ASSOCIATES S.W. DURHAM ROAD EXTENSION. WHEREAS, the City executed a Street Dedication Compliance Agreement dated October, 1984, with Pacific. Realty Associates, L.P., to facilitate installation of a sever; hundred foot long street extension, known as Pacific Realty Associates S.W. Durham Road Exi:ension, to specified standards and specifications; and WHEREAS, said Compliance Agreement stipulated that: "Flt such time as all public improvements have been completed in accordance with the City`s requirements, Petitioner shall notify the City of readiness for final inspection and upon certification by the Department of Community Development that all requirements of the City have been met, the Council agrees to accept said improvements, for operation and maintenance responsibility, and release the Petitioner's guarantee bond"; and WHEREAS, Department of Community Development staff verifies That all requirements of the City have been met; NOW, THEREFORE, BE IT RE".OLVED by the Tigard City Council that: The Tigard City Council hereby accepts the public improvements known as Pacific Realty Associates S.W. Durham Road Extension; AND, FURTHER, the City Council hereby authorizes release of the Petitioners guarantee bond. PASSED: This day of`!��, 1987. Mayor - City of Tigard ATTEST: may/ ���P/, C��tR,eorder — City of Tigard C-/ %1198W i RESOLUTION NO. 87— Page 1 i UNARM cV r