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HomeMy WebLinkAbout2021-06-30-303.147-152 ARTICLE X1 ARTICLE X §303.147. Maintenance Bonds. §303.148. Posted. The Subdivider shall at the time of submitting the final plat for city council approval, post maintenance bonds in an amount described herein as sufficient and as approved by the city attorney as to form, sufficiency and manner of execution as set forth in these regulations. January 20, 2004 – Ordinance 2455 §303.149. Separate Bonds Required. A separate bond shall be posted for each phase of the construction such as sanitary sewer, water main, storm sewer, pavement, etc. §303.149a. Maintenance Bonds Required for Certain Sidewalks. Bonds will be required for sidewalks which are constructed on minor collector, major collector, or arterial streets. §303.150. Time Period. The Subdivider shall be required to maintain all required improvements free of defects due to faulty materials and workmanship after acceptance Certificate of Completion of said improvements by the city council for a period specified below: Sanitary Sewer - four (4) years Water Main - four (4) years Storm Sewer - four (4) years Pavement - four (4) years Sidewalks - four (4) years January 20, 2004 – Ordinance 2456 August 29, 2005 - Ordinance 2531 §303.151. Subcontractor Bonds. Maintenance bonds posted by the Subdivider’s contractor may be accepted providing the contractor or subcontractor is bound unto the City for the maintenance of the improvements. §303.152. Amount. Maintenance bonds shall be in the amount of the performance bonds or as otherwise approved by the City.