City of Northfield - Procedures | Approval of Performance Guarantees

Approval of Performance Guarantees

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§ 215-71: Approval of performance guarantees.

Duties of City Engineer, City Solicitor, and City Clerk. No performance guarantees shall be presented for approval of the City until the officials listed below have performed the following and have made certification of their performance, in writing, to the City Council.

[Amended 4-24-2012 by Ord. No. 3-2012]

(1)

City Engineer. The City Engineer shall:

(a)

Where applicable, examine the plat map of a subdivision to make certain that it complies with all state laws and this chapter relative to the preparation and filing of maps or plans for the subdivision of land.

(b)

Determine those acts or things the applicant is to do to protect the City, such as to provide proper drainage, streets, curbs, signs, monuments or any other item or thing and the cost of each, as well as the maximum time he recommends granting the applicant to provide each item or all items; also, advise the applicant of the amount required to pay the City as a proper inspection, testing and administration fee.

(2)

City Clerk. The City Clerk shall:

(a)

Ascertain that the plat of a site plan or subdivision has been approved by the Atlantic County Planning Board and the City Planning Board.

(b)

Determine if the landowner is an individual, corporation, or partnership; if an individual, his full name and address; if a corporation, its correct name, date, and state of incorporation, the name of its President and Secretary and location of its principal office in this state; if a partnership, the names and addresses of all partners.

(c)

Give the applicant a form of the surety company bond required by the City, and all figures, dates, and details required by Subsection A(1)(b) above so the same may be included in the bond to be furnished to the City.

(d)

Deliver to the City Solicitor:

[1]

The original copy of the surety company bond of the applicant; and

[2]

The City Engineer's written certificate addressed to the City Council, which certificate and bond shall be delivered at one and the same time.

[a]

The City Engineer's certificate shall also state and give the nature of cash, or its equivalent, deposited as a portion or all of the performance guarantee (i.e., cash, certified check, cash escrow deposit, or other security).

[b]

If there is nothing the applicant needs to do under Subsection A(1)(b) above, the certificate shall so state and give the reason therefor.

(3)

City Solicitor. Upon receipt from the City Clerk of the surety bond and the Engineer's certificate, the City Solicitor shall promptly examine said bond and determine whether or not it is correct in form, content and execution. If the bond is not correct, the City Solicitor shall directly notify the applicant of its shortcomings. When the bond is or has been made correct, the City Solicitor shall make a written certificate to that effect to the City Council. Thereupon, said Solicitor shall deliver the bond and Engineer's and Solicitor's certificates to the City Clerk.

(4)

City Clerk. Upon the receipt from the City Solicitor of the bond and certificates of the Engineer and Solicitor, the City Clerk shall:

(a)

Collect from the applicant the proper fee or fees, if any, payable to the City in accordance with the Engineer's certificate.

(b)

Place the matter of approval of bond(s) on the agenda of the next regular meeting of the City Council for its consideration.

(c)

Submit the bond, certificate and fees to the City Council at the next regular meeting of said Council.

Certificates, form and dating. Each of said certificates shall be dated and written in letter form upon the stationery of the maker or of the City and signed by him or his authorized agent or representative.

Bond requirements. There must be attached to said bond an authority of the surety company empowering the person or persons who executed said bond for the surety company to do so. If the bonding company is not a New Jersey corporation, there should also be attached to the bond proof of its authority to do business in New Jersey and a copy of its last financial statement, made not more than one year before, showing its financial condition. If the principal on the bond is a corporation, there must be attached to the bond a certified copy of a resolution adopted by its Board of Directors authorizing the execution and delivery of said bond. Said bond must also bear the corporate seal of the surety company and the seal, corporate or otherwise, of the principal.

Copies. The City Clerk and administrative officer (Planning Board Secretary) shall keep a supply of copies of these bond requirements in their offices for the use of applicants and the general public.

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MapLink™ | Procedures | Approval of Performance Guarantees

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City of Northfield, NJ

MapLink™ | Procedures | Approval of Performance Guarantees