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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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be done on the site. Such written permission shall      for performance guarantee release have been
not be required when the only work proposed is the      satisfied. The performance guarantee shall be in the
digging of test pits.                                   name of the City and shall be approved by the
                                                        finance director as to financial sufficiency and the
15.7.6 Alterations to pending subdivisions              Corporation Counsel as to proper form and legal
Alterations may be made to a site with a pending        sufficiency.
subdivision application if:
A.   At minimum, a performance guarantee for the        15.7.8 Reductions of the performance guarantee
     proposed site alterations has been posted and      A.   Up to three times during the construction of a
     final plans have been submitted to the Planning         project, upon request of the subdivider, a
     Authority.                                              performance guarantee may be reduced by the
B.   Written permission has been received from the           value equal to the estimated cost of the
     Planning Authority or his/her designee that             completed improvements. In no case shall any
     such site alterations may proceed pending               performance guarantee be reduced by any line
     subdivision approval. Such permission is solely         item on the cost estimate where improvements
     within the discretion of the Planning Authority         remain to be completed. Requests shall be
     and shall be granted only after submission of a         submitted on a form provided by the City for
     written request setting forth the work                  review and approval by the Planning Authority.
     proposed to be done on the site. All such work     B.   In no case shall any performance guarantee be
     shall be done in compliance with information            reduced to an amount equal to or less than the
     provided with the subdivision application. An           required defect guarantee until all criteria set
     erosion control plan shall also be submitted            forth for converting to the defect guarantee
     when deemed necessary by the Planning                   have been met, as approved by the Planning
     Authority. Such written permission shall not be         Authority.
     required when the only work proposed is the
     digging of test pits.                              15.7.9 Extension of the performance guarantee
                                                        If the Planning Authority and/or the Public Works
15.7.7 Acceptable forms for the performance             Authority has reasonable doubt concerning the
     guarantee                                          stability or proper construction of the required site
The performance guarantee, in the amount                improvements, the developer shall be required to
approved by the Planning Authority, shall be a letter   reconstruct or otherwise address the issues to the
of credit, an escrow account with a responsible         City’s satisfaction. If the performance guarantee is
financial institution, or the deposit to the City of    scheduled to expire before the extent or necessity
Portland Finance Department and shall be in             for such further work can be determined, the
conformance with the templates and forms made           developer shall be required to extend the
available by the City. If the performance guarantee     performance guarantee covering such
is a deposit to the City, the City shall hold such      improvements, or secure a new guarantee, for a
funds in a noninterest-bearing account until criteria   period and amount deemed necessary by the CITY OF PORTLAND LAND USE CODE | 15-13 SUBDIVISIONS