Maintenance Bond. The Developer and/or its contractor shall be required to furnish the City a two (2) year maintenance bond guaranteeing the Improvements that are transferred to the City. The maintenance bond shall be provided to the City upon final inspection and acceptance of said Improvements.
Appears in 3 contracts
Sources: Subdivision Agreement, Developer's Agreement, Subdivision Agreement
Maintenance Bond. The Developer and/or its contractor shall be is required to furnish provide (or cause to be provided) the City with a two (2) year maintenance bond guaranteeing the Improvements that are transferred Maintenance Bond on each and every Public Improvement dedicated to the City. The A maintenance bond bond, acceptable to the City, shall be provided to the City upon final inspection and for a period of one (1) year after acceptance of said Improvements.the Public Improvement by the City. The City acknowledges that a single Maintenance Bond covering the foregoing will be acceptable
Appears in 1 contract
Sources: Development Agreement