Portland City Code ch. 14 (Land Use Code)

Citation: Portland City Code ch. 14 (Land Use Code)
Jurisdiction: Portland (municipal)
Source: Official source
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two-family development is subject to
inspection fees, as specified herein.
13.10.2 Performance and defect guarantees D. Performance guarantee amount
The following performance and defect guarantee 1. The performance guarantee shall be equal
requirements shall apply: in value to 100% of the estimated cost of
A. Performance guarantee required. Following the required site improvements as shown
approval of site plan applications and prior to on the approved site plans, as a condition
the issuance of a building permit, the developer of planning approval, as required in the
shall post with the City a performance City of Portland Code of Ordinances,
guarantee in the form and amount specified and/or as required by the City of Portland
herein, specifying the completion of the Technical Manual.
required site plan improvements within two 2. The performance guarantee amount shall
years from the origination date of such be estimated by the applicant or
guarantee. In no case shall the term of such representative using the cost estimate
guarantee be for a period of less than one year, spreadsheet provided by the City and shall
nor shall any performance guarantee expire be submitted for review and approval to
between October 30 and April 15 of the the Planning Authority. Costs to be
following year. included in the estimate, and which shall be