HomeMy Public PortalAboutRES-CC-2016-26RESOLUTION #26-2016
A RESOLUTION ACCEPTING STORM WATER IMPROVEMENTS CONSTRUCTED IN
ASSOCIATION WITH THE `DEER TRAIL SUBDIVISION" AND AUTHORIZING THE
RELEASE OF THE WARRANTY GUARANTEE ASSOCIATED WITH SAID
IMPROVEMENTS
WHEREAS, the City of Moab (the "City") and Housing Authority of Southeastern Utah
("Developer") with offices at East Center Street, Moab, Utah, entered into a Subdivision
Improvements Agreement dated November 5, 2014, (the "Agreement') covering the public
improvements associated with the above named subdivision; and
WHEREAS, Developer provided a Performance Guarantee in the form of a collateral pledge and one
year warranty, executed by a cash amount, in order to secure performance of the improvements
provided in the Agreement; and
WHEREAS, Developer has constructed the storm water improvements pursuant to the Agreement;
and
WHEREAS, City Staff inspected the public improvements in 2015 and found that they are fully
acceptable in their design, workmanship, and construction quality; and
WHEREAS, City Staff certified that all charges for labor, materials, and/or services have been paid in
full and no liens have been attached against the property or the improvements; and
WHEREAS, Developer warranted the improvements for a period of one year from the date of
completion of the public improvements with a cash amount; and
WHEREAS, upon acceptance of the improvements by City Council, the warranty amount can be
returned to Developer; and
WHEREAS, pursuant to Council Resolution #26-2016, Developer is entitled to a release of the warranty
amount less the audit fee.
NOW, THEREFORE, We, the governing body of the City of Moab, do hereby resolve to accept the
storm water improvements covered by the Subdivision Improvements Agreement dated November 5,
2014, specifically: storm water drainage facilities including grading and berming improvements
located within the subdivision, and hereby authorize the City Treasurer to execute a release of the
warranty amount for the improvements.
Passed and adopted by action of the Governing Body of the City of Moab, Utah in open session
this 25'h day of October, 2016.
SIGNED:
Kyle Bailey ayor Pro Tem
Rachel`Stenta, Recorder
Resolution #26-2016
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