Property Owner/Developer Requirements Sample Clauses

Property Owner/Developer Requirements. Property Owner/Developer shall tender for the District’s approval, and the District has approved and accepted the following: (1) Record “as built” drawings and certified compaction test results and reporting as specified in the District’s engineering standards; (2) “As built” documentation showing the location of all component parts of the extension as set forth in System specifications, or other arrangements approved in writing by the District have been made for the preparation thereof; (3) An irrevocable letter of credit, or some other form of security acceptable to the District, in an amount equal to 10% of the costs of constructing the extension, but not less than $1,000, or such greater amount as may be reasonably determined by the District on account of special circumstances of the particular extension, or any portion thereof, shall be filed with the District prior to conveyance, and shall be maintained in full force and effect during the warranty period; (4) A duly executed written statement that all suppliers of labor and materials, including all subcontractors,have been fully paid, with lien waivers attached; (5) A duly executed written assignment of all manufacturer's warranties on materials, if applicable; (6) Any and all deeds, bills of sale, agreements and other conveyance instruments required by the District to vest merchantable title to all component parts of the extension, including without limitation all necessary easements, rights of way and other property interests, in the District; (7) All subordination agreements and partial releases which may be required pursuant to 6-3-3 above; and (8) Payment of all sums then due to the District in connection with the extension.
Sample 1
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Related to Property Owner/Developer Requirements

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