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HomeMy Public PortalAboutResolution 2019-01-02 Approving Final Acceptance SIA for Redezvous EMF9 and Release of Surtey TOWN OF FRASER RESOLUTION NO. 2019-01-02 A RESOLUTION APPROVING FINAL ACCEPTANCE OF ALL IMPROVEMENTS ASSOCIATED WITH THE SUBDIVISION IMPROVEMENT AGREEMENT (SIA) FOR THE RENDEZVOUS EMF 9 AND RELEASE OF SURETY. WHEREAS, the Subdivision Improvement Agreement (SIA) for The Rendezvous EMF 9 (Reception # 2015006353) 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 $188,000.00 READ. PASSED ON ROLL CALL VOTE, AND ADTOPTED BY THE BOARD OF TRUSTEES THIS 9' DAY OF January, 2019. Votes in favor: (O Votes opposed: 0 Absent: Abstained: BOARD TRUSTEES OF THE TOWN OF FRASER, COLORADO BY: Philip andernail, Mayor OF F�S ATTEST: (SEA ) A. LC SEAL / Antoinette McVeig , Town Clerk °OL ORAOO