Improvement completion assurance definition

Improvement completion assurance means a surety bond, letter of credit,
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Improvement completion assurance means a surety bond, letter of credit, financial institution bond, cash, assignment of rights, lien, or other equivalent security required by a municipality to guaranty the proper completion of landscaping or an infrastructure improvement required as a condition precedent to:
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Improvement completion assurance means a surety bond, letter of credit, cash, or other security required by a municipality to guaranty the proper completion of landscaping or infrastructure that the land use authority has required as a condition precedent to:
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Examples of Improvement completion assurance in a sentence

  • Improvement completion assurance means an irrevocable letter of credit, escrow bond, cash bond, or combination bond posted by a developer to guarantee the proper completion of required improvements.

  • Section 17-27a-604.5 is amended to read:17-27a-604.5. Subdivision plat recording or development activity before required infrastructure is completed -- Improvement completion assurance -- Improvement warranty.

  • Section 10-9a-604.5 is amended to read:10-9a-604.5. Subdivision plat recording or development activity before required landscaping or infrastructure is completed -- Improvement completion assurance -- Improvement warranty.


More Definitions of Improvement completion assurance

Improvement completion assurance means a surety bond, letter of credit, financial institution bond, cash, assignment of rights, lien, or other equivalent security required
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Improvement completion assurance means a surety bond, letter of credit, cash, or other security required pursuant to Section 14-5-202 to guaranty the proper completion of landscaping or infrastructure that is required as a condition precedent to:
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Improvement completion assurance. (“Guarantee”) means a cash bond, escrow bond, or letter
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Improvement completion assurance means an irrevocable letter of credit, escrow bond, cash bond, or combination bond posted by a developer to guarantee the proper completion of required improvements.
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Improvement completion assurance means a surety bond, letter of credit, 1298 financial institution bond, cash, assignment of rights, lien, or other equivalent security required 1299 by a county to guaranty the proper completion of landscaping or an infrastructure improvement 1300 required as a condition precedent to: 1301 (a) recording a subdivision plat; or 1302 (b) development of a commercial, industrial, mixed use, or multifamily project. 1303 [(25)] (26) "Improvement warranty" means an applicant's unconditional warranty that 1304 the applicant's installed and accepted landscaping or infrastructure improvement: 1305 (a) complies with the county's written standards for design, materials, and 1306 workmanship; and 1307 (b) will not fail in any material respect, as a result of poor workmanship or materials, 1308 within the improvement warranty period. 1309 [(26)] (27) "Improvement warranty period" means a period: 1310 (a) no later than one year after a county's acceptance of required landscaping; or 1311 (b) no later than one year after a county's acceptance of required infrastructure, unless 1312 the county: 1313 (i) determines for good cause that a one-year period would be inadequate to protect the 1314 public health, safety, and welfare; and 1315 (ii) has substantial evidence, on record: 1316 (A) of prior poor performance by the applicant; or 1317 (B) that the area upon which the infrastructure will be constructed contains suspect soil 1318 and the county has not otherwise required the applicant to mitigate the suspect soil. 1319 [(27)] (28) "Infrastructure improvement" means permanent infrastructure that is 1320 essential for the public health and safety or that: 1321 (a) is required for human consumption; and 1322 (b) an applicant must install: 1323 (i) in accordance with published installation and inspection specifications for public 1324 improvements; and 1325 (ii) as a condition of: 1326 (A) recording a subdivision plat; 1327 (B) obtaining a building permit; or
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Improvement completion assurance means a surety bond, letter of credit, financial institution bond, cash, assignment of right s, lien, or other equivalent security required by a municipality to guaranty the proper completion of landscaping or an infrastructure improvement required as a condition precedent to:recording a subdivision plat; ordevelopment of a commercial, industrial, mixed use, or multifamily project.
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Related to Improvement completion assurance

  • Project Completion means completion of the Redevelopment in accordance with this Agreement to the state where the whole of the Xxxxxx Shopping Centre, as so redeveloped, is capable of occupation for its intended purpose;

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • Substantial Completion means the stage in the progress of the work as determined and certified by the Contracting Officer in writing to the Contractor, on which the work (or a portion designated by the Government) is sufficiently complete and satisfactory. Substantial completion means that the property may be occupied or used for the purpose for which it is intended, and only minor items such as touch-up, adjustments, and minor replacements or installations remain to be completed or corrected which:

  • Project Architect means the professional architect or engineer employed by the Owner as architect or engineer of record for the Project and its consultants.

  • Final Completion means the date determined and certified by A/E and Owner on which the Work is fully and satisfactorily complete in accordance with the Contract.

  • Project Completion Schedule means the progressive Project Milestones set forth in Schedule-J for completion of the Project Highway on or before the Scheduled Completion Date;