80 of 1970 - Amending Section 42-3-18, to permit the posting of cash or cashier's checks in lieu of surety bond t September 3
VOTING Aye Nay 0
Salt Lake City, Utah 197
Barker . . . .
Catmull . . . ,f I move that the Ordinance bee ppa§sed.
Harrison . . .
Mr. Chairman . 41
ResultAN ORDINANCE
//
AN ORDINANCE AMENDING Section 42-3-18 of the Revised Ordinances of
Salt Lake City, Utah, 1965, relating to bonds required for street improve-
ments.
Be it ordained by the Board of Commissioners of Salt Lake City,
Utah:
SECTION 1. That Section 42-3-18 of the Revised Ordinances of Salt
Lake City, Utah, 1965, relating to bonds required for street improvements,
be, and the same hereby is, amended to read as follows:
Sec. 42-3-18. Bonds required for street improvements. (a)
In order to insure the proper installation of the street improve-
ments required by Section 42-3-17 and in order to insure prompt
payment of all persons supplying labor or materials to the sub-
dividers or their contractors or subcontractors installing said
improvements, the owners of the property or the principal sub-
dividers shall deposit with the City a corporate surety bond
conditioned for the installation of said street improvements
within such time and in accordance with the plans, specifications
and conditions relating thereto as shall meet with the approval
of the City Engineer and the prompt payment of all persons
supplying labor or materials to said owners and subdividers or
their contractors or subcontractors in the installation of such
improvements. Such bond shall be in an amount to be determined
by the City Engineer but shall not be less than the estimated
total cost of said improvements and shall extend for a one-year
period beyond the date the said improvements are completed, as
certified by the City Engineer, to guarantee the replacement of
defective improvements resulting from poor workmanship or materials
as determined by the City Engineer during said one-year period.
Said bond shall be executed by a surety company or companies duly
authorized to do business in the State of Utah and shall be filed
in the office of the City Recorder.
(b) In lieu of the corporate surety bond required in sub-
section (a) above, the property owners or the principal subdivider
may deposit with Salt Lake City Corporation a cash deposit or bank
cashier's checks payable to Salt Lake City in the same amount and
upon the same conditions as the corporate surety bond required in
subsection (a) hereof; provided, however, that upon completion of
the following amounts of said street improvements in accordance
with the plans, specifications and conditions relating thereto,
as certified by the City Engineer, and the submission of satis-
factory evidence of the payment of all claims for labor or
materials provided in the installation of said improvements, the
party or parties who deposited said cash or bank cashier's checks
shall be entitled to the return of the following portions thereof,
to-wit:
80
-2-
1. On completion of twenty-five percent of the work, as
certified by the City Engineer, a return of fifteen percent
of the original amount of the cash or bank cashier's checks
deposited;
2. On completion of fifty percent of the work, as certified
by the City Engineer, a return of such sums as will make a total
return remittance of twenty-five percent of the cash or bank
cashier's checks deposited;
3. On completion of seventy-five percent of the work, as
certified by the City Engineer, a return of such sums as will
make a total return remittance of fifty percent of the cash or
bank cashier's checks deposited;
4. On completion of one hundred percent of the work, as
certified by the City Engineer, a return of such sums as will
make a total return remittance of seventy-five percent of the
cash or bank cashier's checks deposited.
The twenty-five percent balance of the cash or bank cashier's
checks shall be retained by the City for one year from the date
of completion of said street improvements, as certified by the
City Engineer, as surety to guarantee the replacement of defective
improvements resulting from poor workmanship or materials as deter-
mined by the City Engineer during said one-year period and pay-
ment to all persons supplying labor or materials to the owners or
subdividers or their contractors or subcontractors in making said
improvements. Upon the termination of said one-year period, the
balance of said cash or bank cashier's checks deposited with the
City shall be paid to the party who deposited it upon the certi-
fication of the City Engineer that no defective improvements exist
at that time and the submission of satisfactory evidence of the
payment of all claims for labor or materials provided in the
installation of said improvements. In the event that defective
improvements do exist at the end of said one-year period, as deter-
mined by the City Engineer, or that payment has not been made to
all persons supplying labor or materials to the owners or sub-
dividers or their contractors or subcontractors for said improve-
ments, the remaining cash or bank cashier's checks held by the
City shall be used by the City to replace the defective improve-
ments in order that the same shall comply with the plans, specifi-
cations and conditions of the City relating thereto and to pay all
valid, unpaid claims of persons supplying labor or materials to
the owners or subdividers or their contractors or subcontractors
for the construction and installation of said improvements.
SECTION 2. In the opinion of the Board of Commissioners it is
necessary to the peace, health and welfare of the inhabitants of Salt
Lake City that this ordinance become effective immediately.
SECTION 3. This ordinance shall take effect upon its first pub-
lication.
Passed by the Board of Commissioners of Salt Lake ity, Utah, t
i
3rd day of September, 1970. 16(z7
‘66
MAYOR
(SEAL} TY RECLDER
BILL NO. 80 of 1970
Published Septemb er 11, 1970
80
VOTING Aye Nay Salt Lake City,Utah July 23 197 0
Barker . .
Catmull . I move that the Ordinance be p ,s. , ,
Garn . . I / ��
Harrison J,✓ La / -/
Mr. Chairman .
Result AN ORDINANCE
AN ORDINANCE AMENDING Section 42-3-18 of the Revised Ordinances
of Salt Lake City, Utah, 1965, relating to bonds required for street
improvements.
Be it ordained by the Board of Commissioners of Salt Lake City,
Utah:
SECTION 1. That Section 42-3-18 of the Revised Ordinances of
Salt Lake City, Utah, 1965, relating to bonds required for street
improvements, be, and the same hereby is, amended to read as follows:
Sec. 42-3-18. Bonds required for street improvements. (a)
In order to insure the proper installation of the street improve-
ments required by Section 42-3-17 and in order to insure prompt
payment of all persons supplying labor or materials to the
subdividers or their contractors or subcontractors installing
said improvements, the owners of the property or the principal
subdividers shall deposit with the City a corporate surety bond
conditioned for the installation of said street improvements
within such time and in accordance with the plans, specifications
and conditions relating thereto as shall meet with the approval
of the City Engineer and the prompt payment of all persons
supplying labor or materials to said owners and subdividers
or their contractors or subcontractors in the installation of
such improvements. Such bond shall be in an amount to be deter-
mined by the City Engineer but shall not be less than the estimated
total cost of said improvements and shall extend for a one-year
period beyond the date the said improvements are completed, as
certified by the City Engineer, to guarantee that the said
improvements were done in a erkmanlike manner and that quality
materials were used. Said bond shall be executed by a surety
company or companies duly authorized to do business in the
State of Utah and shall be filed in the Office of the City
Recorder.
(b) In lieu of the corporate surety bond required in
subsection (a) above, the property owners or the principal
subdivider may elect to deposit with Salt Lake City Corporation
a cash deposit bond or a cashier's check payable to Salt Lake
City Corporation in the sum of 100 percent of the City Engineer's
appraisal of the estimated total cost of said street improvements;
provided, however, that upon completion of the following amounts
of work on the said street improvements, as certified by the
City Engineer, the party who posted the said cash bond may apply
for and receive the return of the following portions of the
cash bond, to-wit:
80
-2-
1. On completion of 25 percent of the work, as
certified by the City Engineer, a return of 15 percent
of the original amount of the cash bond deposited;
2. On completion of 50 percent of the work, as
certified by the City Engineer, a return of such sums
as will make a total return remittance of 25 percent of
the cash bond deposited;
3. On completion of 75 percent of the work, as
certified by the City Engineer, a return of such sums
as will make a total return remittance of 50 percent of
the cash bond deposited;
4. On completion of 100 percent of the work, as
certified by the City Engineer, a return of such sums
as will make a total return remittance of 75 percent of
the cash bond deposited.
The 25 percent balance of the cash bond shall be retained
by the City for one year from the date of completion, as certi-
fied by the City Engineer, as surety to guarantee the said
improvements were installed in a workmanlike manner and that
quality materials were installed. Upon termination of this
one-year period, the balance of the said cash bond remaining
unreturned shall be paid to the party who deposited it.
SECTION 2. In the opinion of the Board of Commissioners it is
necessary to the peace, health and welfare of the inhabitants of Salt
Lake City that this ordinance become effective immediately.
SECTION 3. This ordinance shall take effect upon its first
publication.
Passed by the Board of Commissioners of Salt Lake City, Utah,
this 23rdday of July , 1970. /'
V
t--- v �O
MAYOR
CI REC
(SEAL)
BILL NO. 80 of 1970
:O O:RUBLIS'HE?D), 9`r 0
80
ADIB.fBA
AN ORDINANCE AMENDING Sec
lion 41-3-10 f the Revised OYd I-
trances of Sall Lake CII e,Utah,1965,
U:e,atina to ponds rea a fors reel
Imoravemocnls.
, k¢ is tlrne d by theBoa d v.
'Commissioners of Seli Lakp'GIN.
Utah:
SECTION 1.That Section 414;18 of
t1en fi ised po direct l.f Salt Lake Affidle.rinoroYements avit of Publication
'9 EetV,'Ufah 196, tr lallit to bonds•
"'Cie, d the
e hereby
sended to ec. nprOV. Bonds )In remitted for
street Improvements.(a)In groat h10
e
�n Insure the Proper tat requi f the
11. Ye
-ISecfiot A2-3-Ir9 and in order ll to einsure
rsonS
0 ll supplying°labor or
of
lals pio the w
t subdividers or their contractors on
olI subcontractors lnstalnd Id i - sS•
d er v menu,me owners os the lden,
av a iv¢or the ' 'pl subdividers I
B .hall deposit with City a
.rate syr.ly hood or the <
Insfallatipn of id street I for the
said street Imsrovo- -
-Imenia wdnm such time and ac• _ ll it uckey
or lions co woo toe plans ,Ihesee. __—-_ --
A tibnshall conditions with rile air•oval col
h,as
s City Engineer d ire ppro.npt a
Yment t all persons supplying,
r-la Cot lade to said ow ers
tiled-
,of
or r their contractors Being first duly sworn,deposes and says that he is legal aduer-
subcontractors In roe installation Ci
',of such
i„ eunf•10 c deter.
_ using cleric of the DESERET NEWS,a daily (except Sunday)
,e mined
dshall no bethessConn En ineer bu newspaper printed in the English language with general cir-
tolal cost f id'im vementss and ca 1
s hall extend for ehe.vpar period ciliation in Utah, and published in Salt hake City, Salt Lake
shall
the date$,p said Improve-1.1 County, in the State of Utah.
is a leteo.a ernteetl by•st
ine lacefm¢Enpmfkkde(e<fivpranlec Ma he
reenis rebifinb from r w;khtan-Wd^
hip materials determined by e
Mina City Engineradnrh,h am one-;t That the legal notice of which a copy is attached hereto
ve period.said none,enafi nee nlI
QdnPs tlblY UM1ofii¢C 10 d0 easiness
a
e star¢ I ufah it shah ba ,, Salt Lake GitiI Bill Ido &0 of ]Q%Q
INK!in the office of the City Record-
d � --- ------------
er(bt to lies f the corporate surety t
bond r vi ed In subsection (al hr >
Crrainance relating to bonds re-",uired for
absve, the property owners r the
principal subdivider aav deoos:t DR -- - - - ---
with Salt ke City Corporation a Lr
cash deposit n bank cashier's
Dt
tbecks payable io bo2lt Lake City In �,tro of ll.I;trobefiezat 5•
he same amount and babe the same
nditregs the or ate s or' 3r
of; r -red i saever,,ion 05 soon M
provided,of h tovec final u
of sale st ec the rc o met amounts Z said sneer Improvements in ------- - ------Ions ark So h r y triter,'I
as
Theft submission oflvsalsfactory i
evidence of the payment of all LI --' -
ct Ims far labor o•materials lI
o id.
I ed V, the Insipila l:pn 01 sarl m- 5
ems, the arty pa uae '
"e ilteraber 11
who deposited said cash 1
r oak teas published in said newspaper on >___ z '-1 ��_
cashier's checks shalt be entitled o as
the return of the following portions
thereat,te.wi':
1.On-om plat'n of twenty-five e
fie wail:,ds cerplliled en the
cent
t at Mnett,i rat rn f fifteen IRI
cash or bank"caslrrar'sa checks dreoahs- al
filed;
).On completion of fitly per cent ------- ---------
of the work,as certified by the Clly
Eoineer, return et such suers as
loIII make,loyal return Itiance Lr
t•twenty-five er nt offethe a n r�'C a L_
p3.1 On ashllellon nofksseveptyillve --------
�ine city Ena"nee'�r;;lip,`„"lflutg regal Advertising Clerk
wd't ke a 1gt'l Or n sC ash once of lifts per e 1 s de.
ash r sank ca bier's pehecks Oe
,
(Posited:
n
f On a c
completion of one M1eNifiad byundred
,t ti'ne work,a
'sum Clla E wilt
ma,a return Of urn g
wm make a rotas 111dr^ 1G,th
ftra fie pr ey nub-R�e H before me this-
deposited. _-- day of
the c sh or bank shter'skcnecks Ll
The
e f
of the cash o twenty-five
per shiier'sncl ticks 3
-shall be retained by cashier's City for on A.D. 19-_7O__.
year tram
stretii prote vemfents, astlenrtir 5
'toed by ararleeCthe replacements of rde.
,Incllva.it provements resultinp fro 5�t
,o d7er o o atetals
determined by the perio Enai ne 4 _ // /-y..-,//
rdnenfdfsaid
alll pto the
period
and labor Iems" `- � LL
or materials to the owners orsubdi. G
tiers crrstheir whitaktho sagaslor sub i Notary Public
enis.Upon the ter minall5n pr sold -
r'Oca thecashier's
sa heck OI a deans.
lttd witheth c ty sh checks nerd
Io.L,
the party who deposited it oondtheI_
roathat certification
five the
Clieln Enoiriiee
at t cline andlne suo imtsel on of
��NNs tlstaclo•v evidence of the payment
(Yl afoalrlebalInthe Installasonocrlafd
enis.In the vent thatst e
jfentiice tr' enis do exist t ti e
rid or°aId km a v¢I per oo. . P
derermined by the City Engineer,or
llltcc opt has
alyinf been labor or m tfe--`
to ons the op subdividers or
fi,e'ir supplying
bconfraleirs
!for aid Improvements there alneld
cash or bank a n!het checks hale •
Ci vihto Crepolace llihek defectivbe the
enld In de-that 1'n es s
cations
nsrr' with the plans, oeCRRY d
relating
d conditions of the aid,
relafinh laimso and to pay all valid,
labale claims f persons suymvmg
or m lanais ill fie ow ers r
r
soEebnll eei0rs foralrtheo cOi.otcuclkn'-
ard Inslallyflen f saidtmprb
cots. P
Board Tot Comrmissiore0 If Is nt the'I.
are f0 the root, to or leak le
fare f the M1abtianis of Salt Lake
seer that mid d trance become of-'
fecnve immediately.
SECTION ON 3.3.This ordimince hall
take assefec effon ect
Its
B alydl al Clomimfs-�
stoners of Salt Lake City,Welt.this
3rtl tlyv of 3eMr,
ternber,19T0.
0.BRACKEN LEE
MERMAN 3.NOGENSEN,
Cifv Recorder
(SEAL)
BILL NO.60 or 1910
PVbllsbed Septelnbet tl.1970 (k-13) AA77