Loading...
Resolution 389PLANNING COMMISSION RESOLUTION NO. 389 A RESOLUTION TO THE CITY COUNCIL OF THE CITY OF EDMONDS RECOMMEND- ING THE APPROVAL OF AN AMENDMENT TO THE OFFICIAL ZONING ORDINANCE REVISING SECTIONS 12.13.160; 12.13.200; 12.13.240; 12.13.280 AND 12.13.340, GUARANTEE FOR SITE IMPROVEMENTS, IN ACCORDANCE WITH PLANNING COMMISSION FILE NO. ZO-4-72. WHEREAS, the Planning Commission of the City of Edmonds, pursuant to proper notice and publication, held a public hearing on a proposed amendment to the Official Zoning Ordinance revising Sections 12.13.160; 12.13.200; 12.13.240; 12.13.280 and 12.13.340 by.establishing a requirement for a site improvement guarantee on Commercial developments, and WHEREAS, having made the findings as set forth in Exhibit "A" attached hereto, the Planning Commission determined that the above named sections should be amended by the inclusion of the two paragraphs set forth in Exhibit "B" attached; now, therefore, - BE IT RESOLVED by the Planning Commission of said City that recommendation be and the same hereby is made to said City Council that the proposed amendment be approved. DATED as of the 16th day of August, 1972, Chairman, Edmo6ds&Planning Commission Edmonds C ty Panne File No.: ZO-4-72 Initiated by: City Council Date of Hearing: August 16, 1972 P. C. Resolution No. 389 EXHIBIT "A" The City now requires a performance bond or similar guarantee to cover the proper installation of required site improvements for apartment pro- jects and plats. The has had problems in gaining compliance from developers in the installa- tion of required site improvements for commercial buildings and parking lots. Withholding an Occupancy Permit is not an effective or fair method by which to guarantee the completion of a development. Therefore it is believed that a Performance Bond or similar guarantee for the installa- tion of required site improvements is a more effective and reasonable tool by which the City can obtain properly completed commercial projects. P. C. Resolution No. 389 EXHIBIT "B" Prior to the.issuance of a building permit for any building on business, commercial and industrially zoned property, including BN, BC, CG, CW and IP Zones, the developer shall submit to the Building Department a Perform- ance Bond or similar security to guarantee the installation of all the re- quired site improvements including storm drainage facilities, but exclud- ing all other underground utilities. The developer shall prepare a cost estimate for the improvements based on the.approved site plan and the amount of the Performance Bond shall be set by.the Building Official based on current site improvement costs. Upon the satisfactory installation of the required site improvements, the developer shall submit a Performance Bond or similar security to guarantee the maintenance of the required site improvements for a one year period. The.amount of the required guarantee shall be 10% of the amount of the guarantee for the construction of the site improvements.