§ 161.067 AMOUNT OF BOND.
   The amount of the performance bond shall be equal to 110% of the estimated cost of the infrastructure that remains to be installed. The amount shall be estimated by the developer or his or her engineer and submitted with the improvement plans to the City Engineer and the Planning Commission for review and approval.
(1960 Code, § 41-5-3) (Ord. 7128, passed 4-28-2008)