(A) The developer shall maintain and repair all improvements for a period of one year after completion. A one-year maintenance bond or other guarantee in the amount of 40% of the value of the improvements must be deposited with the City Finance Director and approved by the Planning Commission, city attorney, and city engineer.
(B) The bond will not be released until after the expiration of the one-year maintenance period and the improvements have been inspected and approved for final acceptance by the city engineer, final as-built plans, as prepared by the city engineer, have been filed, and any sums due the city have been paid. A reproducible copy of the as- built plans will be supplied to the platting commissioner for his or her permanent record of the work.
(C) Normal servicing of improvements such as sweeping, cleaning, or snow and ice control by the city or usage by the public shall not constitute a waiver of these maintenance requirements nor shall such servicing constitute an express or implied acceptance by the city of the improvements.
(1980 Code, § 151.16) (Ord. 3704, passed 6-5-1978)