Ordinance No. 20390 - Laserfiche WebLink

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Section 9. Section 7.145 of the Eugene Code, 1971, is amended to provide: 7.145 Construction of Public Improvements - Performance and Warranty. (1) Except for sidewalk projects required under sections 7.152 to 7.156 and for work authorized under sections 7.290 to 7.308, before commencing construction of any public improvement a person shall file with the city engineer a good and sufficient bond in an amount equal to the estimated cost of the improvement, guaranteeing to the city that the improvement shall in all ways comply with the plans and specifications approved by the city engineer and that the improvement will be installed using first-class material and in a first-class, professional manner under the direction of the city engineer, and that the improvement will be free from defects or need of repair for a period of at least one year from the completion of the improvement and that guarantees payment of any fees charged under section 7.130. (2) I n lieu of a bond, a financial guarantee as approved by the city engineer in an amount equal to 1250/0 of the estimated cost of the improvement may be used to secure the construction permit and finance the construction a privately engineered public improvement. Twenty-five percent of the construction cost, or $25,000.00, whichever is more, shall be secured by the city prior to establishing the warranty period and retained in place throughout the warranty period. Section 10. Subsections (1), (5) and (6) of Section 7.175 of the Eugene Code, 1971, are amended to provide: 7.175 Local Improvements - Apportionment of Assessments. (1) Whatever share of the total actual project costs of the local improvement is to be borne by the city and by sources of funds other than assessments shall be deducted from the total project costs before they are apportioned and assessed under this section. The city shall pay the costs of the following, provided funds are available and the project has appropriate priority: (a) Components of the local improvement that will not be assessed pursuant to subsections (2) through (12) of this section 7.175; (b) Street improvements and sidewalks within the intersection of public ways other than intersections of new streets within the boundaries of a new development; (c) A portion of the street and alley improvements for a lot or parcel upon which one single family dwelling or duplex exists which is owned and occupied by low-moderate income person(s) and which property is adjacent to a street or alley which is unimproved or improved with substandard improvements at the time the local Ordinance - 8