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HomeMy WebLinkAboutOrdinance #2122 ORDINANCE N0. 2122 AN ORDINANCE OF THE CITY OF HUNTINGTON BEACH AMENDING THE HUNTINGTON BEACH ORDINANCE CODE BY AMENDING SECTION 9970 THEREOF, PERTAINING TO IMPROVEMENT SECURITY REQUIRED The City Council of the City of Huntington Beach does ordain as follows : SECTION 1. The Huntington Beach Ordinance Code is hereby amended by amending Section 9970 to read as follows : 9970 • IMPROVEMENT SECURITY REQUIRED. Any improvement agreement , contract or act required or authorized by the Subdivision Map Act , for which security is required, shall be secured, in accordance with Section 66899 . 3 of the California Government Code, as follows: One hundred percent of the total estimated cost of the improvement or of the act to be performed, conditioned upon the faithful performance of the act or agreement; and An additional amount of 50 percent of the total estimated cost of the improvement or the performance of the required act, securing payment to the contractor, his subcontractors, and to persons furnishing labor, materials or equipment to them for the improvement or the performance of the required act . An additional amount of 10 percent of the total actual cost of the improvement or the performance of the required act for the guarantee and warranty of the work for a period of one year following the completion and acceptance thereof against any defective work or labor done, or defective materials furnished. SECTION 2 . This ordinance shall take effect thirty days after its adoption. The City Clerk shall certify to the passage of this ordinance and cause same to be published within fifteen days after adoption in the Huntington Beach News , a weekly news- paper of general circulation, printed and published in Huntington Beach, California. PASSED AND ADOPTED by the City Council of the City of Huntington Beach at an adjourned regular meeting thereof held J :er 1. on the 26th day of October, 1976. Mayor Pro Temp e ATTEST: City Clerk APBkOVED AS TO CONTENT: APPROVED AS TO FORM: A ing LCity' Aadmitnistrator 7or City A orney APPROVED, INITIATING DEPARTMENT: NO FISCAL IMPACT FISCAL IMPACT -- P"~GFTED FISCAL iMFACT -- ti�; BUDGETED- REQUIRES FINANCIAL IMPACT RE"ORT i 2. Ord. No. 2122 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss: CITY OF HUNTINGTON BEACH I, ALICIA M. WENTWORTH, the duly elected, qualified City Clerk of the City of Huntington Beach and ex-officio Clerk of the City Council of the said City, do hereby certify that the whole number of members of the City Council of the City of Huntington Beach is seven; that the foregoing ordinance was read to said City Council at a regular adjourned meeting thereof held on the 6th day of October 19.76 , and was again read to said City Council at a regular adjourned meeting thereof held on the 26th day of QrtnhAr , 1976 , and was passed and adopted by the affirmative vote of more than a majority of all the members of said City Council. AYES: Councilmen: Bartlett, Pattinson, Gibbs, _Siebert,__Shenikman NOES: Councilmen: None ABSENT: Councilmen: Coen, Wieder i �kGi( City Clerk and ex-officio Clerk of the City Council of the City of Huntington Beach, California !, Alicia M. Wentworth CITY CLERK of the City Huntington Beach and ex-officio Clerk of th ity , Council, do hareby certify that this ordltnr C: ras bem pu'^h�,had in thHuntington Ceach e a un In accordance with the City Charter of said City. ALICIA M: WENI OMH ---- p / City Clark Deputy City Clerk