Ordinance 1990-20 ORDINANCE NO. 9
AN ORDINANCE OF THE CITY OF WYLIE, TEXAS,
AMENDING ORDINANCE NO. 84 -12 (THE FEE ORDINANCE
OF THE CITY OF WYLIE A HOME RULE POLITICAL
SUB DIVISION OF THE STATE OF TEXAS) SECTION 7,
MAINTENANCE BONDS.
Be it ordained by the City Council, Wylie, Texas that the
fee ordinance on maintenance bonds for construction in the
City of Wylie should be adjusted.
SECTION I
WHEREAS, the maintenance bonds currently require 10% of
the total value of all construction improvements;
SECTION II
WHEREAS, the City Council, City of Wylie believes that in
in order to protect the public's best interest
that this 10% maintenance bond requirement should
be increased to 100% total value of all
improvements dedicated and shall be delivered to
the City of Wylie prior to City Council's final
approval and acceptance of the construction work.
DULY PASSED AND APPROVED BY THE CITY CO NC LAG F T HE CITY OF
WYLIE, TEXAS, this the a3 day of t� 1990.
John Akin, Mayor
ATTEST: kre
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C=rot 7 Secretary
i,,', Girk E, T E