HomeMy Public PortalAboutResolution 2012-09-03 Approving Final Acceptance of All Improvements Associated witht the Subdivision Improvement Agreement for Cozens Pointe at Grand Park and Release of SuretyTOWN OF FRASER
RESOLUTION NO. 2012 -09 -03
A RESOLUTION APPROVING FINAL ACCEPTANCE OF ALL IMPROVEMENTS
ASSOCIATED WITH THE SUBDIVISION IMPROVEMENT AGREEMENT FOR COZENS
POINTE AT GRAND PARK AND RELEASE OF SURETY.
WHEREAS, the Subdivision Improvement Agreement (SIA) and subsequent
amendments to the SIA for Cozens Pointe at Grand Park (Reception #'s 2006 009842, 2009-
000674, 2009 009226, 2010 008658 and 2011- 009331) provide 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 (Letter of Credit 539 in the amount of $11,410.25).
DULY MOVED, SECONDED AND ADOPTED THIS 19th DAY OF SEPTEMBER, 2012.
ATTEST:
Lu Berger, Town CI