2007-055-ORD-Amending section XIII of Ordinance No. 1315ORDINANCE N0. 2007-055
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF PARIS,
TEXAS, AMENDING SECTION XIII OF ORDINANCE N0. 1315, THE
SUBDIVISION REGULATIONS OF THE CITY OF PARIS, TO ADD
PROVISIONS PERMITTING OWNERS OR DEVELOPERS TO POST
FINANCIAL SECURITY TO GUARANTEE CONSTRUCTION OF PUBLIC
IMPROVEMENTS TO SUBDIVISIONS IN LIEU OF ACTUALLY
COMPLETING THE CONSTRUCTION OF THOSE IMPROVEMENTS AS
A CONDITION TO APPROVAL OF THE FINAL MAP OR PLAT OF THE
SUBDIVISION; MAKING OTHER FINDINGS AND PROVISIONS
RELATED TO THE SUBJECT; AND DECLARING AN EFFECTIVE DATE.
WHEREAS, Section XIII of the City's Subdivision Regulations requires developers to
complete all public improvements (water, sewer, curb and gutter, streets, etc.) before they can obtain
final plat approval and a building permit for their project; and,
WHEREAS, this process is not conducive to private development as it delays
commencement of construction and completion of the over-all project; and,
WHEREAS, this process can also cause financing problems for developers as often they are
unable to obtain their financing for their proj ect prior to final plat approval and issuance of a building
permit by the City; and,
WHEREAS, many cities in Texas allow developers to put up financial security with the City
to guarantee completion of the public improvements to obtain plat approval at an earlier stage of the
development process; and,
WHEREAS, City planning and development staff recommends that Section XIII of the
City's Subdivision Regulations be amended to allow owners or developers to enter into a
Subdivision Improvement Agreement with the City and to post financial security in the form of cash
deposit, letter of credit or surety bond with the City to guaxantee construction and completion of
public improvements associated with their projects;
WHEREAS, the City Council hereby finds and determines that it is in the best interest of
the City and its citizens to amend Section XIII of the Subdivision Regulations to allow owners and
developers to enter into a Subdivision Improvement Agreement with the City and to post financial
security with the City to guarantee construction of public improvements associated with their private
development projects.
NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF PARIS, TEXAS:
Section 1. That the findings set out in the preamble to this ordinance are hereby in all things
approved.
Section 2. That Section XIII, entitled Guarantee of Construction, of Ordinance No. 1315,
the Subdivision Regulations of the City of Paris, Paris, Texas, shall be and is hereby amended to read
in its entirety as follows:
"Section XIII. Guarantee of Construction.
The owner or developer of any proposed subdivision or addition covered by
this ordinance may, in lieu of actually completing the construction of the public
improvements required by this ordinance prior to seeking final plat approval, may
enter into a Subdivision Improvement Agreement with the City of Paris providing for
the construction, completion and payment for the public improvements associated
with the proposed subdivision or addition. Owner or Developer, in connection with
the Subdivision Improvement Agreement, shall put up financial security with the City
in an amount equal to the estimated cost of the public improvement. The financial
security required may be in the form of cash deposit with the City, Letter of Credit
from a Federally licensed and insured financial institution or surety bond issued by
a surety company approved by the United States Treasury Department and licensed
to do business in the State of Texas. The purpose of the Subdivision Improvement
Agreement and financial security is to guarantee the construction and completion and
payment for the public improvements within the time frame stated in the Subdivision
Improvement Agreement.
The developer and owner shall guarantee and warranty the workmanship and
materials used in the construction and installation of the public improvements within
the subdivision or addition for one (1) year from the date of written acceptance of all
such public improvements by the city engineer of the City of Paris."
Section 3. That this ordinance shall be effective on January 1, 2005, and shall thereafter
apply to all subdivisions and subdivision construction for which final plats have not been approved,
or for which surety bonds have not been posted with the City of Paris to guarantee construction
improvements.
PASSED AND ADOPTED this l Oth day of December, 2007.
ATTEST:
. ,
0, f'U -)A
ice Ellis, City Clerk
APPROVED AS T ORM:
W. Kent McIlyar, ' Attorney
J sse Jame reelen, Mayor