Loading...
HomeMy WebLinkAboutORDINANCE 11-72o 0 ORDINANCE NO.11-72 AN ORDINANCE ANEN1DING SECTION 21 .5-3 (e) OF THE MUIilCIPAL CODE OF THE TOWN OF ESTES PARK,COLORADO,RELATING TO PLANNING, ANNEXATIONS AND SUBDIVISIONS. BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE TOWN OF ESTES PARK,COLORADO: Section 1.That Section 21.3—3 (e)of the Municipal Code of the Town of Estes Park,Colorado,is amended to read as follows: (e)Time for completion of improvements.The required time for completion of all such improvements shall be one year from the date of application for the first building permit; provided,however,that the Board of Trustees may extend such time for completion.Upon completion of such improve ments within the required time and approval thereof by the Town,the Town shall cause such bond or deposit or escrow agreement to be released within thirty days after written notification to the Town that such improvements have been completed.When such improvements are not completed within the required time,the Town shall cause the proceeds of the bond or cash deposit or other collateral or monies in escrow to be used to complete the same and any unused funds shall be returned to the person making the deposit.The Town may release a portion of such bond or deposit as such improvements are completed and approved by it,which shall be released within thirty days after written notification to the Town that such improvements are completed. Section 2.The Board of Trustees of the Town of Estes Park,Colorado,herewith finds,determines and designates that this ordinance is necessary for the immediate preservation of the public peace,health and safety,for the regulation of planning,annexations and subdivisions affects the public peace, •Q health and safety,and whereas in the opinion of the Board of Trustees an emergency exists,this ordinance shall take effect and be in force five (5)days after its final passage,adoption and publication. -Mayor-’ ATTEST: Town Clerk —2—