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A RESOLUTION TO ACCEPT A MAINTENANCE AGREEMENT FOR STORMWATER MANAGEMENT FACILITIES FOR MADISON ESTATES SUBDIVISION PHASE III, A RESIDENTAL SUBDIVISION
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WHEREAS, the Section 112-157 of the Jonesboro Municipal code requires a maintenance agreement assuring perpetual maintenance of Stormwater Management Improvements and drainage easements to be dedicated to the City be agreed upon by the City and the developer prior to final plat approval;
WHEREAS, Madison Acres LLC has submitted a Maintenance Agreement for Stormwater Management Facilities for Madison Estates Subdivision Phase III;
WHEREAS, the City Engineer and City Attorney have reviewed the attached Maintenance Agreement and find it to be in compliance with the Stormwater Management Regulations.
WHEREAS, the Maintenance Agreement and the final plat are to be filed concurrently with the Craighead County Circuit Clerk, upon final approval of the plat.
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL FOR THE CITY OF JONESBORO, ARKANSAS THAT:
Section 1: The City of Jonesboro accepts the attached maintenance agreement with Madison Acres LLC for Madison Estates Subdivision Phase III and authorizes the Mayor and City Clerk to execute all documents necessary to effectuate the agreement.
Section 2: The executed agreement is to be retained by the City Clerk until such time as the Clerk is provided with the approved final plat of the development by the Planning Department so that both documents can be filed concurrently with the Craighead County Circuit Clerk.
PASSED AND APPROVED this 19th day of August, 2014.