Loading...
1199 O. O. . ~i" l '"l 'r;;:; ~ jJ \J. \.# \...:J I' ORDINANCE NO. 1199 (#7 - 03) AN ORDINANCE AMENDING JACKSONVILLE MUNICIPAL CODE 6 17.12.125; DECLARING AN EMERGENCY; AND, FOR OTHER PURPOSES. WHEREAS, because certain conditions and situations prevent completion of all improvements, it is recommended that provisions allow for deposit of the cost(s) of such improvements with City officials by the Developer(s) in question. NOW, THEREFORE, BE IT ORDAINED BY THE CI I l' COUNCIL OF THE CI I " OF JACKSONVILLE, ARKANSAS, THA T: SELIION ONE: Jacksonville Municipal Code g 17.12.125 (Deposit for Incomplete Improvements) shall be amended as follows: Jacksonville Municipal Code g 17.12.125 (Deposit for Incomplete Improvements). Whenever any improvement(s) required under applicable ordinances, regulations, or plans are not completed, funds in the form of cash or a surety bond shall be deposited with the City Clerk prior to or upon submission of the request for Final Plat approval. Said funds shall be released and disposed of only upon the following conditions: a) Completion by Developer of all required improvements within one (1) year of submission/approval of Final Plat; or, b) Expiration of one (1) year from approval of Final Plat. In the event Developer completes all required improvements, the funds deposited shall be returned to the Developer or no claim shall be made upon the bond. In the event the Developer fails to complete the improvements within the appropriate one (1) year time frame and no extension for such has been granted for good cause by the City Engineer, all funds shall be released and paid into the General Fund of the City of Jacksonville or the City shall make claim upon the bond for the costs of the remaining improvements. Said funds shall be utilized for completion of the appropriate improvements under the directive of the City Engineer, with any remaining balance to be transferred into the City's General Funds to be used for general operating purposes. SEt-lION THREE: Any such Ordinance or parts of Ordinances in conflict herewith are hereby repealed to the extent of said conflict. SEt-lION FOUR: Because the completion of some subdivision improvements can be prohibitive, an emergency is hereby declared to exist. For the economic benefit of the citizens of Jacksonville, this Ordinance shall be in full force and effect from and after its approval and passage. APPROVED AND ADOPTED THIS 5 'HL DAY OF JUNE, 2003. Lll Y OF JACKSONVILLE, ARKANSAS o ~/\I\A.-J ~ L0~ TOMMY SWAIM;, MAYOR