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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14.7.9 Extension of the performance guarantee roadway extension and any other
If the Planning Authority and/or the Public Works improvements intended for City maintenance.
Authority has reasonable doubt concerning the C. Upon the satisfactory completion of the
stability or proper construction of the required site required site improvements and satisfactory
improvements, the developer shall be required to compliance with all conditions of approval
reconstruct or otherwise address the issues to the including the submission of as-built drawings as
City’s satisfaction. If the performance guarantee is applicable, the Planning Authority shall
scheduled to expire before the extent or necessity authorize, in writing, conversion to the defect
for such further work can be determined, the guarantee. The defect guarantee shall be 10%
developer shall be required to extend the of the original performance guarantee amount
performance guarantee covering such and shall remain in place for a period of one
improvements, or secure a new guarantee, for a year. The defect guarantee shall ensure the
period and amount deemed necessary by the workmanship and the durability of all materials
Planning Authority and/or the Public Works used in the construction of the required site
Authority. improvements. The Planning Authority may
authorize the defect guarantee to be released
14.7.10 Release of the performance guarantee at any time within the one-year period,
A. No performance guarantee shall be released provided all required site improvements have
until all fees generated by the project are paid been constructed and in-place for one year or
to the City, including but not limited to more and the workmanship and the durability
engineering, inspection, and administrative fees. of all materials has