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Portland City Code ch. 14

Citation
Portland City Code ch. 14
Parent Document
Portland City Code ch. 14
Jurisdiction
Portland (municipal)

Other Sections in This Document (541)

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Works. The petition for street acceptance           made available by the City. If the defect
          must include a warranty deed (with metes            guarantee is a deposit to the City, the City shall
          and bounds description) to the property             hold such funds in a noninterest bearing
          within each street of the subdivision or            account until the criteria for performance
          roadway extension and any other                     guarantee release have been satisfied. The
          improvements intended for City                      performance guarantee shall be in the name of
          maintenance.                                        the City and shall be approved by the finance
     3.   Upon the satisfactory completion of the             director as to financial sufficiency and the
          required site improvements and                      corporation counsel as to proper form and
          compliance with all conditions of approval          legal sufficiency.
          including the submission of as-built           L.   Abandoned site. In the event that a
          drawings as applicable, the Planning                development site is abandoned or the site
          Authority will authorize in writing,                improvements do not meet City standards as
          conversion to the defect guarantee. The             approved in the site plan, the performance
          defect guarantee shall be 10% of the                guarantee may be utilized to stabilize, secure,
          original performance guarantee amount               complete construction, and/or restore the site
          and shall remain in place for a period of           as may be necessary, including, but not limited
          one year. The defect guarantee shall                to, revegetation of areas, grading, and fencing.
          ensure the workmanship and the durability
          of all materials used in the construction of   14.11.4 Inspection fee
          the required site improvements. The            At the same time that the developer posts a
          Planning Authority may authorize the           performance guarantee, the developer shall also pay
          defect guarantee to be released at any         to the City a site plan improvement inspection fee
          time within the one-year period, provided      equal to two percent of the estimated costs of
          all required site improvements have been       required site improvements for which a
          constructed and in-place for one year or       performance guarantee is to be posted. At the
          more and the workmanship and the               conclusion of the project, and before a temporary
          durability of all materials has been           or permanent certificate of occupancy is issued, the
          inspected and confirmed to be                  developer shall pay to the City the balance of any
          satisfactory.                                  inspection fees actually incurred by the City in its
K.   Acceptable forms of defect guarantee. The           review of the project.
     defect guarantee, 10% of the original
     performance guarantee amount approved by            14.11.5 As-built plans
     the Planning Department, shall be a letter of       Upon completion of a development (excluding
     credit, an escrow account with a responsible        minor residential and low-impact site development
     financial institution, or the deposit to the City   as specified in Section 16 of the Technical Manual),
     of Portland finance department and shall be in      the applicant shall submit the as-built plans as
     conformance with the templates and forms            specified in the Technical Manual. CITY OF PORTLAND LAND USE CODE | 14-23 SITE PLAN