HomeMy WebLinkAbout27767 / 75-03� .
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FIRST READING
# 1 ORDINANCE
U�tANIlIOUSLY APPROVED BY PLAN COM�IISSION 9- 0
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A GENERAL ORDINA,.VCE OF THE CITY OF OSHKOSH AMENDING SECTION 30-40 (a)
OF THE OSHKOSH MUNICIPAL CODE PERTAIN:LNG TO METHODS OF FINANCING FOR
REQL'IRED IMPR�VEAIENTS FOR SUBDIVISIONS WITHIN CITY LIMITS.
The Common Council of the City of Oshkosh do ordain
as follows: .
SECTIO�T l. That �'ect�on 3�-40 ;�.; of thQ nshko,h Mi.ni.cic�al
Code pertaining to methods of financing for required improvements for
subdivisions caithin city limits is hereby amended to read as follows:
(A} Methods of Financing
No Final Plat for the subdivision of land in the City
of Oshkosh shall be approved by the Common Council until
the subdivider has made arrangements to install the
required improvements as hereinafter provided.
Improvements may be provided by the subdivider in one of
the following ways:
(1) By private contract prior to approval of the
Final Plat.
(2) By entering into a contract with the City of Oshkosh,
before the Final Plat is submitted for approval,
agreeing that he will install the required improvements.
The subdivider shall fil.e with said contract a bond,
meeting the approva]_ of the City Attorney or a certified
r_heck or leta-er c�f cr.eds.±: ; n �� ?.Iilnr�nt ei,�a� ±-n the
estimate of cost of said impravement as prepared by
the Director of Public Works. Such bond, check oz
letter of credit shall constitute a guarantee that
such im�rovements will be completed by the stzbdivider
or his contractors not later than three (3) years from
the date of recording af the plat. It shall constitute
a further guarantee that all obligations to subcontractors
for work on the development are satisfied.
The contractor and/or subcontractors who are to be •
engaged in the construction of improvements on
dedicated street rights-of-way shall be designated as
qualified fcr such work by the Director of Publ.ic Works.
Governmental units to which these bond and contract
provisions apply may file in lieu of said contract or
(continued)
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or bond, a letter from officers authorized to act
in their behalf, agreeing to comply with the
provision of this Article.
(3) The subdivider may in lieu of options (1) and (2)
above, avail himself of special assessment financing
for the installation of the improvemen�s required
by this ordinance including sewer, water, grading
and graveling and street surfacing including curb
and gutter. The cost of such special assessments
shall be based upon the Director of Public Works
estimates for 1000 of said improvements.
If the subdivider desires to auail himself of special
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to the City Clerk in accordance with the applir.able
special assessment improvements policy of the City,
requesting installatian o� such improvements and
expressly waiving all legal requirements, including
the right to notice and hearing, with respect to the
special assessments to be levied in connection therewith.
SECTION 2. This ordinance shall be in full force and effect
from and after its passage and date of publication.
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