Prior to the approval of a final plat, all necessary construction or improvement plans, an estimate of construction costs, and bonds or letters of credit necessary to guarantee that such improvements will be completed, shall be submitted and approved. In lieu of the bonds or letters of credit, the applicant may complete the improvements in a manner acceptable to the Municipality and file a maintenance guarantee bond running one year from the date such improvements are accepted by the Municipality.
(Ord. 9-76. Passed 9-9-76.)