HomeMy Public PortalAboutResolution 2016-09-01 Approving the Final Acceptance of all Improvements Associated with the Construction Guarantee Agreement (CGA) for Grand Valley Flooring and Release of SuretyTOWN OF FRASER
RESOLUTION NO. 2016-09-01
A RESOLUTION APPROVING FINAL ACCEPTANCE OF ALL IMPROVEMENTS
ASSOCIATED WITH THE CONSTRUCTION GUARANTEE AGREEMENT (CGA) FOR GRAND
VALLEY FLOORING AND RELEASE OF SURETY.
WHEREAS, the Construction Guarantee Agreement (CGA) for Grand Valley Flooring
(Reception # 2015004645) 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 CGA 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 (cash in the amount of $10,555.00).
DULY MOVED, SECONDED AND ADOPTED THIS 7th DAY OF SEPTEMBER, 2016.
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Philip Vandernail, Mayor
ATTEST:
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Lu Berger, Town C rk