§ 150.024  MAINTENANCE BONDS FOR DEVELOPMENT OF MORE THAN TWO DWELLINGS.
   (A)   For the purpose of this section, the following definitions shall apply unless the context clearly indicates or requires a different meaning.
   PERSON.  Any individual, firm, association, company, corporation or partnership.
   UTILITY SYSTEM.  Water system, sanitary sewer system, and storm sewer system.
   (B)   Any person who constructs more than two dwelling units on a tract, lot, or parcel of land, the construction of which involves the installation or relocation of utility systems and/or street systems, of whatever size or extent, for which the city shall be responsible for the operation, repair, and maintenance thereof, shall furnish to the city a good and sufficient bond in a sum equal to the cost of the utility system or street system, to protect the city against defective workmanship and materials for a period of one year from acceptance of the system by the city.
   (C)   The city shall be deemed to have accepted the system upon the City Engineer verifying in writing that all systems have been essentially built according to city ordinances and regulations.  In the case of water systems, acceptance shall occur upon the happening of the aforesaid verification and upon the city's receipt of a report from the State Health Department that the water in the interior water distribution system is accepted as potable.
(`83 Code, § 5-113)  (Ord. 816, passed 10-20-80)