Separate performance guarantees are required for sediment and erosion control improvements and for subdivision improvements. The performance guarantee may be posted in 1 of 3 different manners:
Certified Check: For performance guarantee amounts of $5,000 or less
Standby Letter of Credit: To be prepared on forms approved by the financial institution on which it is drawn - drafts must be drawn at offices in St. Charles County, St. Louis County, or the City of St. Louis and automatic extension without amendment for additional 1 year terms is required unless financial institution gives written notice of nonrenewal 45 days prior to expiration date
Establishing Guarantee Amounts
Performance guarantee amounts must be established by the consulting engineer or developer/owner and approved by the Director of the Development Review Division. If an engineer's cost estimateis used to establish the guarantee amount, it must comply with reasonable standards and prices for the costs of construction as approved by the Director of the Development Review Division.
The Sediment and Erosion Control Performance Guarantee amount may be established using the formulas in Section 412.080.B of the County Codes and/or it must include itemized costs for any measures (structural or otherwise) used to control sediment runoff or prevent erosion due to land disturbance from the improvement of the site. Guarantees for sediment and erosion control will be established and released in accordance with Section 412.080 of the County Codes.
Guarantees for subdivision improvements will be established and released in accordance with Section 410.180 of the County Codes.
Questions? Please contact the St. Charles County Development Review Division at 636-949-1814 or firstname.lastname@example.org.