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Resolution No. 89-09 C1-1Y OF II:GARD, ORLGOIU RESOLUTION NO. A R£SOLUI-ION ACCLAIIING PUBLIC IMPROVLME.N-tS KNOWN AS PENN LAWN E.;;;IATE::S NO. 2 SUBDIVISION PUBLIC IMPROVEMENTS. WHEREAS, the City executed a Subdivision Compliance Agr'cement dated April 14, 1986 with L..A. Development Company to facilitate installation of public street, storm and sanitary sewer and stroot.1ight1rig facilities to City standards anal specification,; and WHEREAS, said Compliance Agreement stipulated that: "At such tirzie as all public improvements have been completed in accordance with the City's requir`ement.s, Petitioner' shall notify the City of readiness for final inspection and upon certification by thu Department of Community` Development that all requirements of the City have been met, the Council agrees to accept said impr�,venientf:, IFor operation and maintenance responsibility, and release the Potitionor-'s y uar'ant:e� ti,Jn.i and WHEREAu, Department of Community Development staff verifies that all requirements of the City have been met; and NOW, THEREFORE, BE: IT RESOLVED by the -figard City Council that : Section 1: The Tigard City Couricil hereby accepts the public street, si-orm ---1--- enc! .,_.,.,.,.r,-ry maw, - -nti st.reetlighting improvements known cis Penn Lawn Estates No. 2 subdivision public Sec_tion__2 The Iigerd City Courici1 hereby ai-ithori:>os release of the Petitioner's guarantee bund. PASSED: This - '� day of _ f'_s - -- 1989. ATTEST: Mayor _._ City of Tigard f Deputy RE order City of Tiq,ard� APPROVED AS TO FORM: city Recorder .--Hate s}/8497D RESOLUTION NO. 89— Page I