CHAPTER 4-05
SUBDIVISION IMPROVEMENT GUARANTEES SECTIONS:
4-0501. Completion of Improvements.
4-0502. Improvements Installed by Developer.
4-0503. Creation of Improvement District by City.
4-0504. Combination of Improvement District and
Improvements Installed by Developer.
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SECTION 4-0501. COMPLETION OF IMPROVEMENTS. Upon final approval of any subdivision plat, the subdivider or developer shall petition the City Council for the purpose of installing the required public improvements. The subdivider or developer shall petition the City Council to install public improvements in one of the following three ways:
(1) The subdivider or developer installs all the required public improvements at their own cost.
(2) The City creates an improvement district in order to assess the improvement costs against benefitted properties.
(3) Part of the improvement costs are borne by the subdivider or developer and the City creates an improvement district in order to assess the remaining improvement costs against benefitting properties.
In any event, all improvements shall be installed in accordance with these regulations and the City Engineer's guidelines.
SECTION 4-0502. IMPROVEMENTS TO BE INSTALLED BY DEVELOPER. Should the developer or subdivider request to install all required public improvements at their own cost, and the City Council provides approval to this request, the developer shall be required to sign an "Agreement Authorizing Improvements by Developer," as provided by the City's Attorney, and to deposit with the City a cashiers check in the amount as required by the City Council.
SECTION 4-0503. CREATION OF IMPROVEMENT DISTRICT BY CITY. Should the developer or subdivider request to have the City create an improvement district in order for the public utilities to be installed, and the City Council approves this request, the following procedure shall be followed:
(1) Subdivider or developer shall sign an "Agreement to Create Improvement District" as furnished by the City Attorney. This agreement requires the furnishing of a cashiers check, in the amount as required by the City Council.
(2) Subdivider or developer shall sign an "Improvement District Escrow Agreement," as furnished by the City Attorney.
SECTION 4-0504. COMBINATION OF IMPROVEMENT DISTRICT AND IMPROVEMENTS TO BE INSTALLED BY DEVELOPER. Should the developer or subdivider request to have the City create an improvement district for the installation of part of the improvements and also request to install the remaining improvements, and the City Council approves these requests, the following procedure shall be followed:
(1) Subdivider or developer shall sign an "Agreement Authorizing Improvement by Developer," as provided by the City Attorney, and to deposit with the City a cashiers check in the amount as required by the City Council.
(2) Subdivider or developer shall sign an "Agreement to Create Improvement District" and an "Improvement District Escrow Agreement," as furnished by the City Attorney.