Common use of WARRANTY OF IMPROVEMENTS Clause in Contracts

WARRANTY OF IMPROVEMENTS. Following Acceptance of the Improvements by the City Council, the Applicant shall warrant that the Improvements shall remain free from defects or damage, as determined by the City, such that the Improvements continue to meet City standards for one year after Acceptance. Applicant also warrants for a period of one year after Acceptance that rights-of-way, vacant lots, and other areas within the Project site or subdivision that are accessible to Applicant or within Applicant=s control shall be kept reasonably clean and free from any construction debris, waste items, and mounds of soil, rocks, concrete, asphalt, and other debris. To secure the warranty, Applicant shall provide a new or amended Irrevocable Letter of Credit for the warranty period and for the Warranty Amount, as provided and defined below.

WARRANTY OF IMPROVEMENTS. Following Acceptance of the Improvements by the City CouncilImprovements, the Applicant shall warrant that the Improvements shall remain free from defects or damage, as determined by the City, such that the Improvements continue to meet City standards for one year after Acceptance. Applicant also warrants for a period of one year after Acceptance that rights-of-way, vacant lots, and other areas within the Project site or subdivision that are accessible to Applicant or within Applicant=s control shall be kept reasonably clean and free from any construction debris, waste items, and mounds of soil, rocks, concrete, asphalt, and other debris. To secure the warranty, Applicant shall provide a new or amended Irrevocable Letter of Credit for the warranty period and for the Warranty Amount, as provided and defined below.