Ordinance 3880-22 - Laserfiche WebLink

Version: May 19, 2022 benefitted premises. It shall be the responsibility of the applicant to timely record the payment agreement and submit a copy of the recorded agreement to the city. The city shall maintain a copy of the agreement in the city's permanent records. The payment agreement need not be recorded for a project where the benefitted premises is a right-of- way or other location as determined by the Office of the City Attorney as not applicable for recording; in such situations the payment agreement will be deemed effective on the effective date as established in the payment agreement. i. The applicant and proposed project must satisfy any other Program requirements established by the Director. 7. City Projects. Notwithstanding any other provision of this section, projects constructed by the City of Everett may use mitigation capacity in regional stormwater facilities at any time, and the city may reserve capacity in regional stormwater facilities for such projects. 14.28.080 Bonds and liability insurance required. A. General. Unless otherwise determined by the Director in writing, Developers shall provide guarantees as required by subsections C and D below. The Director is authorized to require developers constructing stormwater facilities (including, but not limited to, retention/detention and/or other drainage treatment/abatement facilities)to post surety bond(s) or other form of guarantee acceptable to the city in addition to or in lieu of the guarantees in subsections C and D. B. Combinations of Guarantees. Where a developer has previously posted, or is required to post, bonds or other such guarantees on the facility itself or on other construction related to the facility, such developer may, with the permission of the Director and to the extent allowable by law, combine all such bonds into a single bond in a form acceptable to the city; provided, that at no time shall the amount thus bonded be less than the total amount which would have been required in the form of separate bonds; and provided further, that such a bond shall on its face clearly state those separate bonds which it is intended to replace. C. Performance. Prior to commencing construction, the developer constructing the facility shall post a performance guarantee as set forth under the current City of Everett Design and Construction Standards and Specifications. D. Maintenance. After satisfactory completion of the facility, the developer constructing the facility shall commence a two-year period of satisfactory maintenance of the facility. In addition, the developer shall 11