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Ordinance 2011-03 Ordinance No. 2011 -Q AN ORDINANCE AMENDING THE YORKVILLE CITY CODE OF THE UNITED CITY OF YORKVILLE, KENDALL COUNTY, ILLINOIS AMENDING THE REQUIREMENTS FOR THE POSTING OF MAINTENANCE BONDS BE IT ORDAINED by the Mayor and City Council of the United City of Yorkville, Kendall County, Illinois, as follows: Section 1. Title 11, Chapter 5, Section 11 -5 -3 of the Yorkville City Code, as amended, is hereby amended to read as follows; "Section 11 -5 -3. Construction Warranty. A. The subdivision irrevocable bond or letter of credit shall be released after an appropriate City Council action accepting the improvements for public ownership. Except as provided in subsection B, this subdivision letter of credit will not be released until a one year maintenance bond or letter of credit is posted with the City Clerk for ten percent (10 %) of the land improvement cost, to ensure that any and all land improvements will properly function as designed, with no defects before the City Council formal acceptance. B. A maintenance guarantee shall be required for all landscaping but shall not be required for improvements that are on private property that do not serve, benefit, or impact properties other than the one being developed." Section 2. This Ordinance shall be in full force and effect upon its passage, approval, w and publication as provided by law. Passed by the City Council of the United City of Yorkville, Kendall County, Illinois this \\ day , 2011. TY L i ROBYN SUTCLIFF DIANE TEELING GARY GOLINSKI ARDEN JOSEPH PLOCHER� WALTER WERDERICH MARTY MUNNS ROSE ANN SPEARS GEORGE GILSON JR. Approved by me, as Mayor of the United City of Yorkville, Kendall County, Illinois, this �q dayof JANUAP-V 2011. -&4A.1123aA,i --1 MAYOR