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Portland Land Use Code

Citation
Portland Land Use Code
Parent Document
Portland Land Use Code
Jurisdiction
Portland (municipal)

Other Sections in This Document (765)

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covered by the performance guarantee                  Planning Authority under Section 13.2.2(B).
          include items such as: street and sidewalk            Such permission is solely within the
          improvements including street lights,                 discretion of the Planning Authority.
          monuments, curbing, ramps and detectible      G. Acceptable forms of performance
          warning panels, and striping; earth work         guarantee. The performance guarantee, in the
          and grading; utilities infrastructure and        amount approved by the Planning Authority,
          connections including sewer, stormwater,         shall be a letter of credit, an escrow account
          and water service; exterior site lighting;       with a responsible financial institution, or the
          erosion control measures as shown on the         deposit to the City of Portland Finance
          approved erosion and sedimentation               Department and shall be in conformance with
          control plan; open space and recreation          the templates and forms made available by the
          amenities; and final site stabilization and      City. If the performance guarantee is a deposit
          landscaping.                                     to the City, the City shall hold such funds in a
     3.   The Planning Authority may waive all or          noninterest bearing account until criteria for
          any portion of this requirement if it            performance guarantee release have been
          determines that the property owner has a         satisfied. The performance guarantee shall be
          proven record of satisfactory performance        in the name of the City and shall be approved
          and sufficient financial capability or when      by the finance director as to financial
          the overall cost of the project fails to         sufficiency and the corporation counsel as to
          justify the administration of a performance      proper form and legal sufficiency.
          guarantee.                                    H. Performance guarantee reductions
E.   Phased projects. If a project is reviewed and         1.   Up to three times during the construction
     approved as a phased project, the                          of a project, upon request of the
     corresponding performance guarantee may                    developer, a performance guarantee may
     also be phased. A separate performance                     be reduced by the value equal to the
     guarantee shall be posted for each phase. Each             estimated cost of the completed
     phase of such project shall be independent of              improvements. In no case shall any
     subsequent phases and shall conform to all                 performance guarantee be reduced by any
     standards of this article in the event that                line item on the cost estimate spreadsheet
     subsequent phases do not go forward.                       where improvements remain to be
F.   Advanced site work                                         completed. Requests shall be submitted on
     1.   No public utility, water district, sanitary           the cost estimate spreadsheet for review
          district or any utility company of any kind           and approval by the Planning Authority.
          shall install services to any lot in a           2.   In no case shall any performance
          subdivision which has not received                    guarantee be reduced to an amount equal
          Planning Board approval.                              to or less than the required defect
     2.   On a case-by-case basis, permission for               guarantee until all criteria set forth for
          advanced site work may be granted by the              converting to the defect guarantee have CITY OF PORTLAND LAND USE CODE | 13-17 SITE PLAN