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HomeMy WebLinkAboutOrdinances - MC-89-475 - 02/01/1989 - SCO REduction or Release of Construction GuaranteeORDINANCE NO. MC-89-475 AN ORDINANCE BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF MCHENRY, MCHENRY COUNTY, ILLINOIS, AS FOLLOWS: SECTION 1. Section VE4 of the Subdivision Control Ordinance of the City of McHenry, Illinois, be and the same is hereby amended to read as follows: " 4 . Reduction or Release of Construction Guarantee. The amount of a construction guarantee may be reduced only once and then only after all water, sanitary sewer and storm water mains facilities and appurtenances, water detention -retention systems, curbs and gutters, streets (except for the final lift of asphalt), street signs and street lights have been installed by the subdivider and accepted by the Mayor and City Council. The total amount of a construction guarantee may be released only after all of the required subdivision improvements have been installed by the subdivider and accepted by the Mayor and City Council. No construction guarantee shall be reduced or released until the subdivider has complied with each of the following requirements, except that "As -Built" plans shall not be provided at the time of any reduction but, instead, will be provided at the time application is made for release of the construction guarantee: a. A written application for a reduction in the amount of a construction guarantee or for the release of the total amount thereof shall be made by the subdivider to the Mayor and City Council. In the case of an application for reduction, the amount of construction guarantee funds remaining after such reduction shall in all cases equal 125% (one hundred twenty-five percent) of the estimated cost to construct the uncompleted work, as determined by the Mayor and City Council after consultation with the City Engineer. b. The aforesaid written application shall be supported by the project engineer's certificate that he has regularly inspected the improvements made during the progress of the construction and that the improvements have been constructed and installed in conformance with the approved plans and specifications and in accordance with good engineering and construction practice. c. The subdivider shall provide the City with the "As -Built" Plans described in Section VIII-D(3) of this Ordinance. d. The subdivider shall provide the City with the "guarantee bond" described in Section VIII-C of this ordinance." SECTION 2. Any person, firm or corporation violating any provision of this ordinance shall be fined not less than Twenty Five Dollars ($25.00) nor more than Five Hundred Dollars ($500.00) for each offense committed on each day during, or on which, a violation occurs or continues. SECTION 3. All ordinances, or parts thereof, in conflict with the terms and provisions hereof, be and the same are hereby repealed to the extent of such conflict. SECTION 4. This ordinance shall be published in pamphlet form by and under the authority of the corporate authorities of the City of McHenry, Illinois. SECTION 5. This ordinance shall be in full force and effect from and after its passage, approval and publication in pamphlet form, as provided by law. PASSED this lst day of February , 1989. AYES: Bolger, Lieder, McClatchey, Nolan, Patterson, Serritella, Smith, Teta NAYS: None ABSTAINED: None ABSENT: None NOT VOTING: None APPROVED this 1st day of February ATTEST: CITY CLERK , . . .