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RES 2016-06 Adopted RESOLUTION NO. 2016-06 ACCEPTING A DEED OF DEDICATION FOR THE STREETS, OPEN SPACE, WATER, SANITARY SEWER, STORMWATER COLLECTION AND FIRE SUPRESSION SYSTEMS, AND ASSOCIATED EASEMENTS AND RIGHTS OF WAY ALONG WITH A MAINTENANCE GUARANTEE AND LETTER OF CREDIT, FOR OVERLOOK AT THE RAPIDS, SECTION IV, PHASE 2 WHEREAS, Porterfield Investments, LLC developed Overlook at the Rapids, Section IV, Phase 2, subdivision according to the requirements of the North Augusta Planning Commission and the City, and owns the streets, utilities and easements; and WHEREAS, pursuant to §5.8.4.3 of the North Augusta Development Code, the Director of Planning and Development and the City Engineer approved the final subdivision plat for recording on February 17, 2016; and WHEREAS, it is the policy of the City that, upon approval of a final subdivision plat, the City will, following inspection by the City's Engineering department, accept a deed of dedication for the streets, utilities, etc. for the purpose of ownership and maintenance when said deed is accompanied by a maintenance guarantee; and WHEREAS, a maintenance guarantee and supporting letter of credit accompany the deed; and WHEREAS, the City Engineer has made final inspection of the subject improvements and these improvements meet City standards. NOW THEREFORE, BE IT RESOLVED that the Mayor and City Council of the City of North Augusta, South Carolina, in meeting duly assembled and by the authority thereof, do hereby accept a deed of dedication for: All those certain pieces, parcels or lots of land, with improvements thereon, situate, lying and being in the City of North Augusta, County of Aiken, State of South Carolina, being shown and designated as "Eron Court 50' R%VC, "Seton Circle 50' R/W", "Walsh Way 50' R/W" "0.03 AC. Tract to be deeded to the City of North Augusta" on a plat of Section 1V -- Phase 2, Overlook at the Rapids recorded in the Office of the RMC for Aiken County, South Carolina, in Plat Book 59 at pages 87-89; reference being hereby made to said plat for a more complete and accurate description of said property as to its metes, bounds and location. This being a portion of the same property conveyed to Poraertield Investments, LLC by Title to Real Estate from Retreat Development Company, Inc., dated September 29. 2005, recorded in the. Office of the RMC for Aiken County, South Carolina in Record Book 4021. at Page 1273. RESOLUTION ACCEPTING DEED OF DEDICATION– OVERLOOK AT THE RAPIDS, SECTION IV, PHASE 2 Page 2 Tax Map and Parcel No.: Portion of 002-11-02-034; 002-12-01-033 TOGETHER with all and singular, the rights, members, hereditaments and any and all portion of said property containing and encompassing all of the water lines, sanitary sewer lines, stormwater collection systems, valves, connections and related infrastructure and appurtenances to the said premises belonging, or in any wise, incident or appertaining to. TOGETHER with all curbs, gutters and sidewalks located within the aforesaid right of way of the streets and roadways; all sanitary sewerage collection systems and stormwater collection systems located on the property shown on the aforesaid plat; and a perpetual and non-exclusive easement and right of way for streets, sidewalks, water lines, sanitary sewerage and stormwater collection systems located on the property shown on the aforesaid plat, as well as necessary ingress and egress to reach and enter the aforesaid. BE IT FURTHER RESOLVED that a Maintenance Guarantee and Letter of Credit in the amount of$85,000 are hereby accepted. DONE, RATIFIED AND ADOPTED BY THE MAYOR AND CI 1 Y COUNCIL OF THE CITY OF NORTH AUGUSTA, SOUTH CAROLINA, ON THIS DAY OF h�� , 2016. CkA—Q-4' Lark W. Jones, Mayor ATTEST: Donna B. Young, ity Cl�'tk