HomeMy Public PortalAboutResolution 2024-03-01 Approving Final Acceptance of all Improvements Associated with Subdivision Improvement Agreement (SIA) for the Elk Creek Condominiums at Grand Park - Lot 3TOWN OF FRASER
RESOLUTION NO. 2024-03-01
A RESOLUTION APPROVING FINAL ACCEPTANCE OF ALL IMPROVEMENTS
ASSOCIATED WITH SUBDIVISION IMPROVEMENT AGREEMENT (SIA) FOR THE ELK
CREEK CONDOMINIUMS AT GRAND PARK — LOR 3 AND RELEASE OF SURETY.
WHEREAS, THE Subdivision Improvement Agreement (SIA) for the Meadows at Grand
Park, Filing #1 (Reception 2020001845) provided for a schedule for completion of
improvements;
WHEREAS, Town staff or designee 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 Town Board of Fraser, Colorado hereby authorizes final acceptance of said
improvements and the release of the remaining surety in the amount of $88,328.00.
3. Payment of all applicable fees within fifteen days of approval of the resolution or the
resolution will relapse.
READ, PASSED ON ROLL CALL VOTE, AND ADOPTED BY THE BOARD OF TRUSTEES THIS
6th DAY OF MARCH 2024.
Votes in favor: (,12__
Votes opposed: o
Abstained:
Absent: 0
BOARD OF TRUSTEES OF THE
TOWN OF FRASER, COLORADO
BY:
Mayor Pro -Tern
ATTEST:
zddi&to--