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<br />1. Stmctural BMPs, such as pipes and inlets, located on private property <br />shall be owned and operated by the owner of the property on which <br />the BMP is located, unless the city in writing agrees that a person <br />other than the owner shall own or operate such BMP. <br /> <br />2. As a condition of approval of the BMP, the owner shall also agree to <br />maintain the BMP to its design capacity unless or until the city <br />relieves the property owner of that responsibility in writing. The <br />obligation to maintain the BMP shall be memorialized on the <br />subdivision plat, annexation plat, development agreement or other <br />instmment or in a form acceptable to the city and shall be recorded in <br />the office of the county clerk and recorder. <br /> <br />B. Certification of Permanent BMPs. Upon completion of a project, and <br />before a certificate of occupancy shall be granted, the city shall be provided a written <br />certification stating that the completed project is in compliance with the approved <br />final drainage plan. All applicants are required to submit "as built" plans for any <br />permanent BMPs after final constmction is completed. The certification and as-builts <br />shall bear the stamp and signature of a Colorado licensed professional engineer. A <br />final inspection by the city is required before the release of any performance <br />securities can occur. <br /> <br />C. Ongoing Inspection and Maintenance of Permanent BMPs. <br /> <br />I. Maintenance Agreements. The owner must, unless an on-site <br />stormwater management facility or practice is dedicated to and <br />accepted by the city, execute an inspection and maintenance <br />agreement, that shall be binding on all subsequent owners of the <br />permanent BMPs. <br /> <br />2. Long- Term Inspection of Permanent BMPs. Permanent BMPs shall <br />be subj ect to ongoing inspections to document maintenance and <br />repair needs and to ensure compliance with the requirements of any <br />maintenance agreements, drainage plans and this chapter. <br /> <br />Sec. 13.36.170. <br /> <br />Financial security. <br /> <br />When necessary for the reasonable implementation of this chapter, the <br />director may, by written notice, require any owner or operator of a constmction site <br />or subdivision development to file a financial guarantee, payable to the City of <br />Louisville, in a sum not to exceed a value determined by the director to be necessary <br />to guarantee consistent compliance with this chapter and performance of the <br />requirements hereof. The City of Louisville may deny approval of any building <br />permit, subdivision plat, site development plan, or any other City permit or approval <br /> <br />14 <br />