Skip to main content
This section is included in your selections.

(a) The Director of Public Works shall have the discretion to accept or reject liens upon real property offered as good and sufficient subdivision security. (Ord. 1365, § 3, 11/6/1979)

(b) In considering offered liens, the Director of Public Works may consider any factor he finds relevant and may require the subdivider to submit such information he deems necessary. (Ord. 1365, § 3, 11/6/1979)

(c) An application to the Director of Public Works shall contain the following: (Ord. 1365, § 3, 11/06/79)

(1) A current appraisal prepared by an independent appraiser commonly accepted by financial institutions or a certified copy of the Humboldt County Assessor’s appraisal. (Ord. 1365, § 3, 11/6/1979)

(2) A current preliminary title report. (Ord. 1365, § 3, 11/6/1979)

(3) A current credit report. (Ord. 1365, § 3, 11/6/1979)

(4) A contract for the installation of the subdivision improvements unless the subdivider is licensed to perform such work. (Ord. 1365, § 3, 11/6/1979)

(5) A loan commitment or other source of funding the construction. (Ord. 1365, § 3, 11/6/1979)

(6) Two (2) copies of the tentative map and letter of approval. (Ord. 1365, § 3, 11/6/1979)

(7) An application fee in the amount set by resolution of the Board of Supervisors. (Ord. 1365, § 3, 11/6/1979)

(d) Subdivision real property liens shall be senior to all other liens and shall not exceed seventy percent (70%) of the appraised unsubdivided value of the property. (Ord. 1365, § 3, 11/6/1979)

(e) Upon approval, an escrow shall be opened providing for the preparation of the deed of trust, issuance of a standard form title policy in favor of the County of Humboldt in the amount of the lien, closure of escrow within forty-five (45) days and payment of all escrow cost fees and expenses by the subdivider. (Ord. 1365, § 3, 11/6/1979)

(f) The Director of Public Works may grant partial releases as long as the sufficient security remains to cover uncompleted improvements. (Ord. 1365, § 3, 11/6/1979)