HomeMy WebLinkAbout1988-01-28-Ordinance 2091_Land Subdivision Regulations, Surety BondsORDINANCE NO.2091
AN ORDINANCE TO AMEND CHAPTER 303,WAUKEE,MUNICIPAL
CODE,SUBDIVISION ORDINANCE OF THE CITY OF WAUKEE,IOWA,
BY AllENDING SECTION 303.46B TO PROVIDE FOR SURETY BONDS OR
OTHER SECURITY FOR THE CONSTRUCTION OF IMPROVEI1ENTS IN
SUBDIVISIONS.
BE IT ORDAINED by the Council of the City of Waukee:
Section 1.Section 303.46B of Chapter 303 Waukee
Municipal Code,Land Subdivision Regulation Ordinance of
the City of Waukee,is hereby amended by deleting the
first and second paragraph thereof and inserting in lieu
thereof the following:
§303.46B This requirement may be waived if the Sub-
divider will post a cash or corporate sure-
ty bond or certified check or surety ap-
proved by the city council with the City,
guaranteeing that said improvements will be
constructed within a period of one (1)year
from final acceptance of the plat,such
bond to be approved by the City Attorney;
however,if surety is posted,final accep-
tance of the plat will not constitute final
acceptance by the City of any improvements
to be constructed.Improvements will be
accepted only after their construction has
been completed and inspection by appropri-
ate City personnel certifying the improve-
ments have been completed in conformance to
specifications and standards of the City
and Ordinances of the City.No public
funds will be expended in the Subdivision
until such improvements have been completed
and accepted by the City.
The amount of the bond or certified check
or other surety shall not be less than the
estimated cost of the improvements,includ-
ing all inspection services and tests con-
ducted by the City and the amount of the
estimate of the bond or certified check
must be approved by the City Engineer.
Section 2.Effective
be in effect after its final
cation as required by law.
Da t e ,Th is ordinance shall
passage,approval,and pUbli-
Passed by the Council the 28th day of January,1988,and
Approved this 28th day of January,1988.
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