Ordinance 3774-20 - Laserfiche WebLink

c. Granting a certificate of occupancy prior to completion of the work or improvements will not be materially detrimental to the city or the properties in the vicinity of the subject property;and d. The proposal is part of a phased development and work required as part of a current phase will be completed within a time frame established by the planning director,based upon the specific circumstances related to the site. 2. Maintenance Assurance Device.The planning director may require a maintenance assurance device when necessary to ensure that improvements required by this title are properly maintained.The planning director shall establish a time frame for which the maintenance assurance device shall be effective. 3. Work to be performed by any state agency or unit of local government shall be exempt from providing guarantees based on RCW 35A.21.250. D. Form of assurance device. In each case where the city requires or allows an applicant to provide an assurance device,the planning director, with the approval of the city attorney,shall determine the type of assurance device that will be used. E. Amount of assurance device. 1. General.The planning director shall determine the amount of the assurance device as follows: a. For a performance assurance device the amount shall be one hundred fifty percent(150%)of the cost of the work or improvements covered by the assurance device based on estimated costs immediately following the expiration of the device,except that the amount of an assurance device for any improvement regulated by Chapter 19.37(Critical Areas)shall be three hundred percent(300%)of the cost of the work or improvements based on estimated costs immediately following the expiration of the device. b. For a maintenance assurance device,the amount will not be less than ten percent(10%)of the cost of replacing the materials covered by the assurance device based on estimated costs on the last day covered by the device. c. In determining the amount of the assurance device,the planning director may require that the applicant provide a detailed estimate of the cost of the improvements for which the assurance device is required.The planning director may use the estimate to determine the amount of the assurance device but is not bound by the information submitted by the applicant in determining the appropriate amount. 2. Responsibility.The assurance device shall specify the following information: a. The work or improvements covered by the assurance device; b. Either the period of time covered by the maintenance assurance device or the date after which the city will use the proceeds of the performance assurance device to complete the required work or improvements. 3. The city may require the assurance device to be provided before any permits for which the assurance device is required are issued. F. License signed by owner of subject property. In each case where the city requires or allows an applicant to provide an assurance device,the applicant shall provide in a form acceptable to the city attorney,a license to run with the property which allows the city, its employees,agents or contractors to go on the subject property for the purpose of inspecting,making or maintaining the improvements covered by the assurance device.The license shall be valid for the length of time required for the assurance device. G. Release of assurance device. After the work or improvements covered by a performance assurance device have been completed to the satisfaction of the city,or at the end of the time covered by the maintenance assurance device,the applicant may request the planning director to release the assurance device. Prior to the release of the assurance device,the city shall verify that the conditions of the assurance device have been satisfactorily complied with. Ch.19.41 General Authority and Requirements 5 City Council Action(11/04/2020)