APPENDIX D: RELEASE OF PERFORMANCE BOND
   This Release of Performance Bond (the “Release”) is hereby presented by the Town Council of the Town of New Carlisle, St. Joseph County, Indiana (the “Council”) to                           , (the “Principal”), and                               , (the “Surety Company”) as of this______________ day of_____________,_________.
   WHEREAS, Principal and Surety Company have posted a Performance Bond for the improvements, installations and lot improvements (the “Improvements”) required by the Town of New Carlisle Subdivision Control Ordinance (the “Subdivision Control Ordinance”), other applicable Ordinances of the Town of New Carlisle, and the Council for the subdivision known as                                                      (the “Subdivision”); and
   WHEREAS, the Town of New Carlisle (the “Town”) has approved a Completion Affidavit indicating that all Improvements have been constructed and installed in compliance with all requirements, standards and specifications of the Subdivision Control Ordinance, other applicable Ordinances of the Town and the Council [Check all items to be covered by this Release]:
road base course
road intermediate course
road surface course
street signs
curbs
sidewalks
sanitary sewer
water system
storm drainage & retention
lot drainage
erosion control
soil preservation
survey monumentation
fencing
debris and waste removal
grading and landscaping
as-built drawings
electric system
                                             
                                             ; and
 
   WHEREAS, the town has approved a Completion Affidavit indicating that town has accepted the above indicated Improvements for maintenance, subject to the provision of all applicable maintenance bonds.
NOW, THEREFORE, the Performance Bond issued for the above indicated Improvements is hereby released.
TOWN OF NEW CARLISLE
Approved this________ day of_________________,________.
By:______________________________________
Printed:___________________________________
Title:_____________________________________
(Ord. 1223, Form D, passed 5-11-2010)