§ 153.082 DURATION OF PERFORMANCE BONDS.
   The performance bond or other assurance shall be sufficient in an amount and duration to achieve their stated purpose. Extension of time in 1-year increments may be granted by the Town Council by the subdivider showing just cause. The assurance (surety) shall remain in force and effect until it is released by the Council, or has been authorized for partial release as provided for herein.
(Ord. 2007-2, passed 5-29-2007; Am. Ord. 2014-02, passed 12-15-2014)