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Council accepts completed improvements in Pipeline Estates subdivision and one-year maintenance bond
Summary
The council accepted control and maintenance of completed subdivision improvements in Pipeline Estates and accepted a one-year warranty represented by a standby letter of credit from Uinta Bank for $71,382.95.
The Green River City Council approved a resolution to accept control and maintenance of completed public improvements within the Pipeline Estates subdivision and accepted a one-year maintenance warranty secured by a standby letter of credit.
Public Works Director Mark Westmansko presented the item as a routine final step in subdivision acceptance. The warranty is in the form of a standby letter of credit issued by Uinta Bank in the amount of $71,382.95 to guarantee completion and a one-year warranty on the improvements from the date of acceptance.
Council moved and seconded the resolution and approved it by voice vote; the meeting record does not show further conditions or changes to the warranty terms beyond accepting the standby letter of credit as security.
