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.

  • Improvement completion assurance and improvement warranty, as reviewed and recommended by the County Attorney, and approved by the Board of County Commissioners.


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 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 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, 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 the date, as determined by the Division after consultation with the Recipient, that operation of the Project is initiated or is capable of being initiated, whichever comes first.

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

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • 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:

  • Construction Work means any work in connection with⎯

  • Substantial Completion Date means the required date for Substantial Completion of the Project. The Substantial Completion Date can be adjusted only by written Change Order.

  • 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.

  • Construction Contractor means a person who undertakes to or offers to undertake to, or purports to have the capacity to undertake to, or submits a bid to, or does himself or by or through others, construct, alter, repair, add to, subtract from, improve, move, wreck, or demolish any building, highway, road, railroad, excavation, or other structure, project, development, or improvement to real property, or to do any part thereof. "Construction contractor" includes subcontractors, specialty contractors, prime contractors, and any person receiving consideration for the general supervision and/or coordination of such a construction project except for remediation contracting. This definition shall govern without regard to whether or not the construction contractor is acting in fulfillment of a contract.

  • Capital Improvement Project means the acquisition, construction, reconstruction, improvement, planning and equipping of roads and bridges, appurtenances to roads and bridges to enhance the safety of animal-drawn vehicles, pedestrians, and bicycles, wastewater treatment facilities, water supply systems, solid waste disposal facilities, and storm water and sanitary collection, storage and treatment facilities including real property, interests in real property, facilities, and equipment related or incidental to those facilities.

  • 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;