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ORDINANCE 2005- 007 <br />7. Security for maintenance of improvements meeting the requirements of <br />section 913.10 of this chapter when a certificate of completion has been <br />issued; and improvements are dedicated to the county; <br />8. A copy of the property owners' association documents which accept the <br />responsibility for maintenance of all private streets, rights-of-way, easements, <br />recreation areas, stormwater management facilities or other improvements; <br />9. A copy of the final protective covenants and deed restrictions, where such <br />covenants and restrictions are required or established by the applicant; and <br />10. All applicable informational requirements of section 913.07(6)(D) and (E) of <br />this chapter; <br />11. The community development director or his designee shall determine <br />whether or not an application is complete and can be routed for <br />interdepartmental review. No incomplete application shall be routed for <br />review." <br />3. LDR Section 913.10(1), Subdivision Construction Security, is hereby amended to read <br />as follows: <br />"(1) Construction security. <br />(A) When construction of required improvements is to be completed following final plat <br />approval, the developer shall, at or pnor to final plat approval, execute a contract for <br />construction of the required improvements and post security in an amount equal to <br />one hundred fifteen (115) twenty-five (125) percent of the estimated total cost of <br />improvements remaining to be constructed. For residential subdivisions, contracts <br />for construction of required improvements shall be limited to sidewalks, the <br />second or final layer of asphalt for roadways, minor items approved by the <br />public works director, and any required off-site improvements that are <br />identified in an approved developer's agreement as "bondable" items. [Note: <br />the provision in the preceding sentence shall apply to all complete final plat <br />applications received after March 31, 2005. All final plats approved after September <br />20 2005 shall comply with these "Section 1" changes, regardless of the date a <br />complete final plat application was filed.] <br />(B) The contract shall be on a form provided by the county and shall obligate the <br />developer to complete all "bondable" required improvements in accordance with the <br />land development permit, the approved plans and specifications, and county <br />development regulations and standards, within a period of one year from the date of <br />final plat approval. Sidewalks may be bonded -out for multiple years in <br />accordance with subdivision ordinance section 913.09(5). <br />(C) The estimated total cost of improvements remaining to be constructed shall include <br />survey, engineering and construction costs and shall be approved by the public works <br />director after review of an itemized cost estimate prepared and certified by the <br />developer's engineer, or an actual contract price or portion thereof for the work <br />Bold Underline: Added text <br />Stfik lireug'': Deleted Text <br />F:\Community Development\Users\CurDev\ORDINANCE\2005\Bonding out for residentail subdivision.rtf <br />4 <br />