All planned unit developments are subject to the Subdivision Regulations of the City. All subdivisions within approved I-PUD Districts shall be reviewed and approved by the Planning Commission to determine that the subdivision meets all requirements and is in conformance with the approved final I-PUD plan.
A subdivider’s agreement shall be fully executed before the final I-PUD plan is approved by Council. As a part of the subdivider's agreement, the subdivider shall submit a subdivision bond or an irrevocable special letter of credit (See Appendix E of the Subdivision Regulations) whichever shall be required by the City Manager and the City Engineer based on the total estimated costs, as determined by the City Engineer, of the required public improvements.
The City by and through Council, reserves the right to reject any subdivision bond or irrevocable special letter of credit which it determines to be unacceptable.
(Ord. 2003-01. Passed 1-2-03.)