The applicant may install, construct, have inspected and approved all required site improvements prior to submitting application for approval of a final plat or he may furnish satisfactory performance guarantees, pursuant to Chapter 1181 of this Ordinance, for the construction of such improvements. The cost of reviews of all improvements shall be paid by the applicant. Such inspections and reviews shall be performed by the Village Engineer, or other Registered Engineer accepted by the Village.
No lot, parcel or tract shall be transferred from the proposed development nor shall any construction work on such development, including grading, be started that may affect the arrangements of public streets or other public improvements until the owner has obtained the necessary approvals of the Construction and Grading Plans from the Village Engineer.