(A) The assurance of completion of the stormwater drainage facilities and control structures included in a stormwater management plan or drainage plan which has been developed and approved under these regulations shall be satisfied by the furnishing of a 100% performance, or surety bond. The Village Engineer shall approve the sufficiency of the bond and the Village Solicitor shall approve the bond as to form.
(B) If it can be shown that assurance of completion is being provided through another regulation of the village, this section of the stormwater management regulations may be waived by the VA.
(Ord. 16-96, passed 4-15-1996)