HomeMy Public PortalAboutResolution 2010-12-20 Authorizing Final Acceptance of Rendezvous East Mountain Filing 1B Streets, Drainage, Water and Sanitary Sewer Improvements and Release of SuretyTOWN OF FRASER
RESOLUTION NO. 2010 -12 -20
A RESOLUTION AUTHORIZING FINAL ACCEPTANCE OF RENDEZVOUS EAST MOUNTAIN
FILING 1B STREETS, DRAINAGE, WATER AND SANITARY SEWER IMPROVEMENTS AND
RELEASE OF SURETY.
WHEREAS, Rendezvous Colorado (the "Applicant executed a Subdivision
Improvements Agreement to guarantee completion of certain required improvements for the
subdivision known as East Mountain Filing 1B; and
WHEREAS, the Applicant has applied to the Town for final acceptance of such required
subdivision improvements; and
WHEREAS, Town staff has reviewed such application, has inspected such
improvements, and has certified to the Board of Trustees that all such required improvements
meet the requirements for final acceptance by the Town.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE
TOWN OF FRASER, THAT:
(1) The Board of Trustees finds and determines that: (a) All required improvements for
East Mountain Filing 1B have been satisfactorily completed in accordance with the approved
plans and specifications for such required improvements and have been preliminarily accepted;
(b) all warranty periods have ended and any defects found upon inspection of the required
improvements have been satisfactorily remedied by the Applicant; and (c) with the exception of
payment of fees, all other applicable requirements, if any, contained in said subdivision
regulations, the Town's design and construction standards and the Subdivision Improvement
Agreement have been satisfied.
(2) The Board of Trustees hereby authorizes final acceptance of said required
improvements, conditioned upon receipt of payment for all applicable fees within fourteen
business days. If such conditions are not satisfied within said fourteen day period, this
resolution shall be null and void and of no effect.
(3) The Board of Trustees hereby authorizes a full release of the Subdivision
Improvement Bond No. 871466S in the amount of $609,926.00 to the Applicant.
DULY MOVED, SECONDED, AND ADOPTED THIS 1 DAY OF DECEMBER, 2010.
ATTEST:
Lu Berger, Town Cler
BOARD OF TRUSTEES OF THE TOWN OF
FRASER, COLORADO
Fran Cook, Mayor