A subdivider of any land in the City of Dacono is required to enter into an agreement with the city to guarantee the construction of all required improvements, including streets, curbs and gutters, driveways, sidewalks, storm drainage system, potable water system, street lights, and landscaping.
The improvement guarantee is a minimum of 115% of the entire estimated cost, including labor and materials, of all required public improvements. No public improvements may be constructed without an executed subdivision agreement and until the city has reviewed and accepted an improvement guarantee meeting adopted city requirements.
Form of Improvement Guarantee
The city only accepts a cash deposit, certified check or an irrevocable letter of credit from a Colorado bank in a form approved by the city council.