Private roads constructed to appropriate standards may be accepted by the town, and at the town's sole discretion, upon written offer of dedication provided a monetary guarantee is furnished by the owner in an amount equal to one-fourth times the entire cost of installing all required improvements. This guarantee shall be in a form acceptable to the town and shall guarantee all improvements for a period of one year from the date of acceptance.
(1989 Code, Title IV, Ch. 41, § 3-8) (Ord. passed 1-12-1993)