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HomeMy WebLinkAboutCity of Tamarac Ordinance O-1974-045This Ovdi.natce was introd ced b CITY OF TAMARAC, FLORIDA ORDINANCE NO. `y AN ORDINANCE AMENDING THE SUB -DIVISION IOROVE- MENT REGULATIONS OF ORDINANCE NO. 71-23 Bt PROVIDING FOR A NEW SECTION, REQUIRING A S B- STITUTE BOND IN THE AMOUNT OF 25% OF THE ACTUAL COST OF THE IMPROVEMENTS TO BE ENFORCED FOR A PERIOD OF 1 YEAR SUBSEQUENT TO FORMAL ACCEPTANCE BY COUNCIL; PROVIDING FOR A NEW RATE SCHEDULE AND MINIMUM FEE SCHEDULE: AND PROVIDING AN EFFECTIVE DATE. BE IT ORDAINED BY THE COUNCIL OF THE CITY OF TAMARAC, FLORIDA: SECTION 1: That Section X of the Sub -Division Improvement Regulations is hereby amended as follows: "SECTION X -- Subdivision Improvement Bond" A. Prior to formal approval of a plat by the Council, the developer shall post a bond with the City in the amount of 125% of the estimated cost of all improvements including canal excavation, bulkheads, pavement and drainage, street lighting, water distribution and sewage collection systems. This bond shall be a surety bond approved by the City Attorney written by a listed in the latest revision of Circular 570, "Surety Companies Acceptable on Federal Bonds." the bond shall guarantee the completion of all required improvements in accordance with the approved plans and specifications. Said bond shall remain in full force and effect until such time as the work covered thereby is accepted by resolution of the City Council of the City of Tamarac. B. Simultaneous with such acceptance the developer shall post a substitute bond, written by a company as stated above, with the City in the amount of 25% of the actual cost of the aforestated improvements. In the event the actual cost of the aforestated improvementsexceed the estimated cost, the fee schedule set forth in Section XI shall be adjusted accordingly. This substitute bond shall serve as a warranty against any and all defective or faulty work or materials which may occur within one (1) year from the date of formal acceptance by the City Council of the City of Tamarac. The City Engineer shall re -inspect the improvements one year after initial acceptance and report the inspection results to City Council. If found acceptable, City Council shall, by resolution, approve final acceptance of the improvements, and the bond shall be released." SECTION 2: That Section XI of the Subdivision Improvement Regulations is hereby amended as follows: "SECTION XI -- Construction Inspection" A. The cost of Engineering inspection of the required improvements on behalf of the City shall be paid by the Developer in accordance with the following fee schedule: Canal Excavation and Bulkheads --- 3% of Estimated Construction Cost Pavement and Drainage --------------- 4% of Estimated Construction Cost Sewage Collection -------------------- 47o of Estimated Construction Cost Water Distribution ------------------ 30 of Estimated Construction Cost B. The minimum total fee to be assessed any subdivision shall be $400. Cl �I C. All inspection fees shall be paid to the City prior to approval of the plat, or prior to commencement of construction, whichever occurs first. D. The inspection fees shall be credited to a separate account and plan review and engineering inspection expenses shall be paid from this account. SECTION 3: This Ordinance shall become effective immediately upon its final passage. PASSED FIRST READING this day of PASSED SECOND READING this ZZ day of PASSED THIRD READING this day of ATTEST: Y CLE K I HEREBY CERTIFY that I have approved the form and correctness of this ORDINANCE. WIFE"! 1974 1974 RECORD OF gQUNCIL $pT �I V'1► - C. TUr �FR CAW H. MASSAROO U C/M M. GLICKSMAN `