§ 18.40.050. Improvement security release.
Latest version.
- Improvement security may be released upon the final completion and acceptance of the act or work; provided, however, such release shall not apply to the amount of security deemed necessary by the city engineer for the guarantee and warranty period, nor to costs and reasonable expense fees, including reasonable attorney's fees, incurred by the city in enforcing any improvement agreement. When appropriate, such release shall be recorded in the office of the county recorder.(Ord. 82-3-889 § 1 (part))