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Resolution No. 88-14 CI-1Y OF I IGARD, OREGON RESOLU)[ON NO. A RESOLUITON ACCE P TING PUBL.IC IMPROVEMENTS KNOWN AS BOND PORK NO. 2 SUBDIVISION PUBLIC IMPROVEMENI"S. WHEREAS, the City executed a Subdivision Compliiance ,fated April 9th, 1984, with Waverly Construction Company, Inc. to facilitate installation of public improvements (street, storm and -sanitary sower facilities; to specified standards and specifications; And WHEREAS, said Compliance Agreement stipulated that: "At such time as all public improvements have been compl,ted in accordance with the City's requiremon'-.s, Petitioner sha 11 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 improvem,-mts, for operation and maintenance responsibility,ility, and release the Petitioner's guarantee bond"; and WHEREAS, oopartment ,n;ty D�?— staff v er-i f-i that all requirements of the City have been met. NOW, THEREFORE, BE IT RESOLVED by the Tigard City Council that: -o-tion 1: The Tigard City Council hereby accepts the public improvements knownas Bond Park No. 2 Subdivision public improvements. The City Council further authorizes release of the Petitioners guarantee bund. PASSED: This day of 1988. AT TEST: City of Tigard /0 'ity Recorder - City of Tigard APPROVED AS TO FORM: City Recorder / to ht/266SD RESOLUTION NO. 88-/4