§ 17.9.304. Partial releases authorized—Conditions and procedures.

The city may authorize partial release(s) of the improvement completion assurance in an amount not greater than one hundred percent of the: (1) estimated cost of materials and (2) estimated cost of installation of the required public landscaping and public infrastructure improvements. The amount of any partial release shall be in an amount commensurate with the estimated proportionate share of public improvements completed as of the date of the request, as determined by the city engineer, following an on-site review of the project. Requests for partial releases shall be made not more frequently than thirty days and shall be authorized in writing by the city engineer or his designated representative, subject to a finding that the materials and workmanship conform to city standards and good engineering practice.

(Ord. No. 2017-11-60 , 11-14-2017)