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AN ORDINANCE AMENDING TITLE 14, THE ZONING ORDINANCE OF THE CITY OF JONESBORO, ARKANSAS, TO REQUIRE A BOND TO BE POSTED WITH THE CITY OF JONESBORO TO ENSURE COMPLETION OF REQUIRED BUILDING AND/OR SITE IMPROVEMENTS BEFORE A TEMPORARY CERTIFICATE OF OCCUPANCY MAY BE ISSUED
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WHEREAS, The Metropolitan Area Planning Commission held a public hearing on July 8, 2003 concerning a proposal to require a bond, irrevocable letter of credit, or other surety to be posted with the City of Jonesboro to ensure the completion of required building and/or site improvements prior to issuance of a temporary Certificate of Occupancy;
WHEREAS, all comments, suggestions, views, and recommendations made at said public hearing have been considered and addressed by the Metropolitan Area Planning Commission; and,
WHEREAS, the Metropolitan Area Planning Commission voted five members for and one member against recommending to the Jonesboro City Council that the Zoning Ordinance be amended to require the posting of said surety.
NOW, THEREFORE, BE IT ORDAINED By the City Council of the City Of Jonesboro, Arkansas:
That Section 14.44.03 (b) of the Zoning Ordinance is amended to add a fourth paragraph to read as follows:
A temporary certificate of occupancy shall not be issued until the owner of the property and/or the general contractor have posted a surety bond, irrevocable letter of credit with automatic renewal, or other instrument approved by the City Attorney to ensure that incomplete building improvements and/or site improvements are completed as required by the City Zoning Permit and/or the City Building Permit issued for the property. The amount of the bond shall be equal to the cost of the remaining work to be completed as determined by an architect or engineer registered in the State of Arkansas or by a licensed general contractor and verified by the City Engineer or the Chief Building Official.
PASSED AND APPROVED this 4th day of August, 2003