HomeMy Public PortalAboutResolution 2020-09-01 Final Acceptance of SIA for Willows at Grand Park Filing No. 1 and Release of Surety TOWN OF FRASER
RESOLUTION NO. 2020-09-01
A RESOLUTION APPROVING FINAL ACCEPTANCE OF ALL IMPROVEMENTS
ASSOCIATED WITH THE SUBDIVISION IMPROVEMENT AGREEMENT (SIA) FOR THE
WILLOWS AT GRAND PARK, FILING NO. 1 AND RELEASE OF SURETY
WHEREAS, the Subdivision Improvement Agreement (SIA) for The Willows at Grand
Park, Filing No. 1 (Reception # 2015004933) provided for a schedule for completion of
Improvements;
WHEREAS, Town staff has inspected all Improvements and has determined that all
such Improvements have been completed and meet the requirements for final acceptance by
the Town and any remaining surety given to ensure the completion of such Improvements
should be released.
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF
FRASER, COLORADO THAT:
1. The Fraser Town Board hereby finds and determines that: a) All Improvements have
been satisfactorily completed in accordance with the approved plans and specifications
for such Improvements; b) all warranty periods provided in the SIA and Fraser's
regulations have ended or are waived; and c) all other applicable requirements for
acceptance of the Improvements have been satisfied or are hereby waived by the Board.
2. The Fraser Town Board hereby authorizes final acceptance of said Improvements and
the release of the remaining surety in the amount of$45,542.00.
3. Payment of all applicable fees with in fifteen days of approval of the resolution or the
resolution will relapse.
READ, PASSED ON ROLL CALL VOTE, AND ADTOPTED BY THE BOARD OF TRUSTEES
THIS 2th DAY OF September, 2020.
Votes in favor: 7 BOARD OF TRUSTEES OF THE
Votes opposed: 6 T916/N. OF FRASER, COL RADO
Abstained: —4-
Absent:
BY: -�+�
Mayor
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SEAL Town Clerk \
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