§ 30-286. Assurance forms.

(a)

Assurance formats acceptable to the county attorney's office are included in these regulations by reference and are attached as Exhibits A and B of this chapter.

(b)

When a developer uses the county-approved standard assurance forms referenced, that assurance does not require review or approval by the county attorney, or board of supervisors. However, if the assurance proposed deviates in any way from the pre-approved forms, the assurance shall require approval by the county attorney and board of supervisors, with county attorney approval required prior to scheduling the assurance for the consideration of the board, and board approval of the assurance shall be required prior to the consideration of the subdivision final plat covered by the assurance.

(1)

If an assurance is seized by the county, all funds therein will be used to complete all required improvements referenced in the assurance agreement, and the approved cost estimates to complete the subdivision project, per section 30-277.

(2)

When a property escrow trust agreement is proposed by the applicant, the account shall be set up by the applicant with a title insurance company, whereby no lots may be offered for sale until the required subdivision improvements have been completed and the board of supervisors has released property for sale. The county engineer shall review the improvements and forward a report to the board, recommending whether or not the lots should be released for sale. Subdivisions using this type of assurance are subject to the revocation provisions of section 30-7.

( Ord. No. 2001-01 , § 4.10, 2-20-2001; Ord. No. 2004-04 , § 4.10, 12-6-2004; Ord. No. 2010-06 , § 4.10, 4-5-2010; Ord. No. 2012-01 , § 4.10, 4-2-2012)