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HomeMy WebLinkAboutO-1623 - Amends Sec. 20.20.090, subdivisions (Not codified)xc..2-eo",k ""b, "3ltvJG J Pin,D>r, t E"'.2,' CIT Y 0 F MAR Y S V ILL E Marysville,Washington ORDINANCE NO.L".2-3 AN ORDINANCE OF THE CITY OF MARYSVILLE AMENDING SECTION 20.20.090 OF THE MARYSVILLE MUNICIPAL CODE RELATING TO A MAINTENANCE BOND FOR SITE IMPROVEMENTS INSTALLED BY A SUBDIVISION DEVELOPER. THE CITY COUNCIL OF THE CITY OF MARYSVILLE,WASHINGTON DO ORDAIN AS FOLLOWS: Section 20.20.090 of the Marysville Municipal Code is hereby amended to provide as follows: 20.20.090.Maintenance Bond.After satisfactory completion of roadway improvements,including streets, curbs,gutters and sidewalks,and storm water drainage improvements,and after satisfactory completion of on- site retention facilities,if any,the owner and/or developer shall post a maintenance bond in favor of the City as security for a one-year warranty against defects in the design,materials and workmanship relating to such improvements and facilities,and the cost of maintaining and repairing said improvements and facilities for said one-year period.The amount of the bond shall be determined by the Public Works Director. In lieu of a surety bond the City may accept a cash bond or an assignment of a bank account. PASSED..2£day of Attest: by the CityXll\-, { CITY OF MARYSVILLE MAYOR ~PJJ~~~~TYCLERK ORDINANCE - 1 Approved as to Form: BN.~~[)~e -..~V CITYCiIiNEY· Date of Publication:7 -27-8 B Effective Date (5 days after publication): ORDINANCE - 2