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HomeMy WebLinkAbout~Master - Waiver of financial security for sidewalks for Northridge Heights Subdivision, 18th Addition RESOLUTION NO. 15-630 RESOLUTION APPROVING WAIVER OF REQUIREMENT FOR FINANCIAL SECURITY FOR SIDEWALKS FOR NORTHRIDGE HEIGHTS SUBDIVISION, 18TH ADDITION FOR THE CITY OF AMES WHEREAS, on June 28, 2011, the City Council approved the most recent revised Preliminary Plat for Northridge Heights Subdivision; and, WHEREAS,the property owner,Uthe Development Company,is now requesting approval of a Final Plat for the Northridge Heights Subdivision, 18`'Addition; and, WHEREAS, the Final Plat includes 27 residential lots for single-family, detached homes; and, WHEREAS, after reviewing the proposed Final Plat, staff believes it complies with the approved Preliminary Plat,adopted plans,and all other relevant design and improvement standards required by the Municipal Code; and, WHEREAS, the newly adopted requirement to complete sidewalks within three years of a Final Plat does not apply to this project as it was approved originally prior to January 1,2015; and, WHEREAS, there is no financial security on file with the City Clerk's office for sidewalks or street trees; and, WHEREAS, the City's past practice has been to accept a signed, written Agreement for sidewalk and street trees from the owner specifying that, in lieu of financial security, occupancy of new structures will not be permitted by the City until the sidewalks and street trees associated with the individual lot are installed; and, WHEREAS,consistent with this practice,the City Council may wish to waive this condition and approve the Final Plat with the accompanying Agreement for sidewalk and street trees,allowing sidewalks and street trees to be deferred until occupancy of structures on abutting sites. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa, that waiver of the subdivision code requirement for financial security for sidewalks in Northridge Heights Subdivision, 18t'Addition, is hereby approved, thereby requiring the installation of these improvements prior to occupancy or within 24 months of issuance of a building permit. ADOPTED THIS 13`''day of October, 2015. -IiI& A. Diane R. Voss, City Clerk Ann H. Campbell, Mayor Introduced by: Betcher Seconded by: Corrieri Voting aye: Betcher, Corrieri, Gartin, Goodman,Nelson, Orazem Voting nay: None Absent: None Resolution declared adopted and signed by the Mayor this 13th day of October, 2015.