Citrus Heights Municipal Code Art. XII Chapter 22.80 Improvement Security

An improvement agreement, contract or act required or authorized by the Subdivision Map Act and this title, for which security is required, shall be secured in the manner provided for in Section 66499 of the Subdivision Map Act [Government Code § 66499]. The improvement security shall be one hundred percent (100%) of the total estimated cost of improvement or of the act to be performed and an additional fifty percent (50%) of the total estimated cost of the improvement or the performance of the required act, securing payment to the contractor and to persons furnishing labor, material or equipment to them, plus an amount determined by the board as necessary to guarantee and warranty the work for one year following its completion and acceptance against defective work, labor, or materials, plus such an additional amount to be determined by the County Counsel as necessary to cover the cost and reasonable expenses and fees, including reasonable attorneys' fees which may be incurred by the county in successfully enforcing the obligation secured.

(Ord. No. 97-01, § 2(22.80.005), 1-2-1997; Ord. No. 97-13, § 2, 3-26-1997; Ord. No. 97-17, § 2, 9-24-1997)

The security furnished by the subdivider may be released in whole or in part by the director pursuant to Sections 66499.7 and 66499.8 [Government Code §§ 66499.7 and 66499.8]; provided, however, no security given for the guarantee or warranty of work shall be released until the expiration of the guarantee or warranty period, and no release shall apply to costs, expenses or fees.

(Ord. No. 97-01, § 2(22.80.010), 1-2-1997; Ord. No. 97-13, § 2, 3-26-1997; Ord. No. 97-17, § 2, 9-24-1997)